Flash Report 2 minutesRegister for Free AccessLululemon CEO Laurent Potdevin Resigns Coresight Research February 7, 2018 Executive SummaryLululemon, the healthy lifestyle-inspired athletic apparel company announced that Laurent Potdevin has resigned as CEO and as a member of the company’s Board of Directors, effective immediately. According to the company’s press release, Lululemon expects “all employees to exemplify the highest levels of integrity and respect for one another,” and Potdevin“ fell short of these standards of conduct.” Three executives will assume expanded roles and will report to Glenn Murphy, Executive Chairman of the Board. Lululemon reaffirmed its updated guidance from January 8 and affirmed it is on track to achieve its strategic goal of becoming a $4 billion revenue brand by 2020. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: Weinswig’s Weekly: Let Me Be Brief—The Implications of Declining Attention SpansSeasonal Shopping, 2Q24—Expectations for Memorial Day, Mother’s Day, Father’s Day and Holiday 2024: US Consumer Survey Insights ExtraWeekly US and UK Store Openings and Closures Tracker 2024, Week 19: Apparel Retailer rue21 To Close All StoresSingles’ Day 2023 Performance: Positive Reports from Major E-Commerce Platforms