Lululemon restructures raw materials team, lays off 7 people

Lululemon restructures raw materials team, lays off 7 people

The changes came in August, a spokesperson told Retail Dive, just a few weeks before the arrival of new CEO Heidi O’Neill.

Lululemon makes changes to fabric team after see-through mishaps

Lululemon Athletica Inc. is reorganizing its fabric development team after product mishaps drew backlash from customers.

Lululemon Athletica (NASDAQ: LULU) Restructures Fabric Team Following String Of Product Quality Failures

Lululemon Athletica Inc (NASDAQ: LULU) has reorganized its fabric development team and eliminated seven roles following a series of high-profile product quality failures that damaged consumer confidence. The Vancouver-based athletic apparel retailer made the structural changes in August, shifting certain raw material capabilities closer to vendor partners in key international manufacturing hubs. Company job postings […]

Lululemon Shares Rise 5.3%; Quarterly Revenue Falls 4.3%

Net income also declined from a year earlier, while the company lowered its fiscal 2026 revenue forecast to $10.35 billion to $10.50 billion.

Lululemon Athletica (LULU) Stock: Earnings Slide as Revenue Declines

TLDR LULU stock jumps 5.16% to $98.95 despite declining revenue and earnings. Quarterly net income falls to $329 million as operating margins continue to shrink. The retailer holds $1.39 billion in cash despite a challenging sales outlook. Free cash flow climbs to $225 million despite weaker quarterly sales performance. The company spends $1.16 billion on [...]