Lululemon Athletica Inc. is navigating a tumultuous period marked by leadership changes, financial instability, and governance concerns. Following the appointment of co-CEOs Meghan Frank and André Maestrini, the company celebrated the opening of its 100th store in EMEA amidst ongoing uncertainty regarding the future direction and governance, especially linked to founder Chip Wilson's board nominations. Despite pressures from rising tariffs and markdowns, Lululemon is pushing forward with expansion plans, targeting six new market entries in 2026, even as it faces a significant stock price decline and weak revenue trends.
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