RetailNews

Lululemon CEO Resigns Abruptly

Athletic apparel company Lululemon is on the search for a new CEO after Laurent Potdevin resigned his post and stepped down from the Board of Directors, the company said yesterday.

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FinancialNews

Holiday Performance Pushes Outlooks up For Some, Fails to Move the Needle for Others

Kohl’s, Lululemon and The Children’s Place all reported updated outlooks based on strong holidays. Despite strong a performance, J.C. Penney holds firm on its previously stated guidance long with Destination XL and Ascena.

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