lululemon athletica inc (LULU) Key Developments
Lululemon Heads to Covent Garden for UK Q
Aug 10 15
Lululemon is taking the upper floors of Royal London Asset Management's Garden House for its new UK headquarters. The upmarket yoga and running retailer opened its store in the Covent Garden area in March last year. It is now set to move into its new headquarters at 57-59 Long Acre in September having agreed a 10-year lease on 8,885 sq ft at a rent of £600,000 a year.
Lululemon Athletica Inc.(NasdaqGS:LULU) added to Russell 1000 Index
Jun 30 15
Lululemon Athletica Inc. has been added to Russell 1000 Index.
Lululemon Athletica Inc.(NasdaqGS:LULU) added to Russell 3000 Index
Jun 30 15
Lululemon Athletica Inc. will be added to the Russell 3000 Index.
Lululemon Recalls Women's Tops Because of Draw Cord Injuries Lululemon Recalls Women's Tops Because of Draw Cord Injuries
Jun 26 15
Lululemon is recalling about 318,000 women's tops, saying the hard-tipped elastic draw cords can snap back and injure the face or eyes of a wearer. Regulators said that consumers should stop wearing the tops and either remove the cord or ask Lululemon for a non-elastic draw cord and instructions on how to replace the cord. The U.S. Consumer Product Safety Commission said the tops have an elastic draw cord with a metal or plastic tip in the hood or in the neck area. The agency says seven people have reported face and eye injuries after the cord was either pulled or became caught on something and then released.
lululemon athletica inc. Names Miguel Almeida as Executive Vice President, Digital
Jun 25 15
lululemon athletica inc. announced that Miguel Almeida has been named as Executive Vice President, Digital, effective as of the start of his employment with the company, which is expected to be mid-July. He will report to the Company's Chief Executive Officer, Laurent Potdevin. Mr. Almeida’s career spans over 15 years of operational and senior leadership with a keen focus on digital strategies. Most recently, he was the Group VP, Digital Commerce and Mobile solutions for Walgreens where he was responsible for omni-channel initiatives, mobile solutions, and online-to-consumer commerce across a variety of digital brands.