Senior appointments continue at Lululemon - sportstextiles: Lea SportsTextiles

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Senior appointments continue at Lululemon

08/01/2015
Canadian yogawear brand has appointed a former J Crew and Saks executive as chief financial officer – the latest in a string of senior appointments since Laurent Potdevin took over as CEO at the end of 2013.

Mr Potdevin said: "Stuart's extensive background in financial management with global apparel retailers is a perfect fit for Lululemon. I'm confident that his broad capabilities will strengthen our ability to build on our momentum as we develop our international footprint and create long-term, sustainable value.”


"Looking at the world-class team that Laurent has assembled, I'm excited to assume this role and contribute to Lululemon's growth. Additionally, I look forward to working with our investor and shareholder community," said Mr Haselden.

In November, the brand appointed Duke Stump as vice-president of community and brand.

Its latest sales results were positive, posting 10% rise in revenue for the third quarter, which ended in November, to $419.4 million.

Related stories:

Lululemon to have ‘more discipline’ in fabric liability 10/12/2015
Lululemon eliminates chief product officer role in organisational shake-up 22/10/2015
Lululemon ‘excited’ by international growth 10/09/2015
Lululemon focuses on 'store with no walls' 29/06/2015
Lululemon hopes to break $2bn this year 09/06/2015
Senior retail boss departs Lululemon 13/05/2015
Sales rise 13% in Lululemon’s ‘critical’ year 26/03/2015
Strong holiday period for Lululemon 13/01/2015
Another 10% increase for Lululemon 11/12/2014
Orders boost for Taiwan’s Eclat 02/12/2014
Former Nike exec heads to Lululemon to build ‘brand’ 11/11/2014
Lululemon partners Dalai Lama in C$750,000 ‘mind-body-heart’ project 22/10/2014
Lululemon praises quality of interns from Texprint winners 18/09/2014
Lululemon ‘on track’ with second-quarter sales rise 11/09/2014
Lululemon founder sells half his shares after turbulent year 08/08/2014
‘Transitional’ Lululemon reports Q1 rise 12/06/2014

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