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The global fashion business journal

Jan 26, 20207:49pm

Lululemon chief operating officer leaves the company

The sportswear company has announced that chief technology officer and chief supply chain officer will join the company’s senior leadership team.

Dec 10, 2019 — 4:00pm
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Lululemon chief operating officer leaves the company

 

 

Lululemon rearranges its helm. The sportswear company has announced the departure of its chief operation officer and EVP, International, Stuart Haselden, effective January 10, 2020. Haselden joined lululemon in 2015 as chief financial officer and was one of three leaders who guided the company during its chief executive officer search last year.

 

“He’s helped us develop senior leaders across the organization who are ready and able to take on additional responsibilities,” stated Calvin McDonald, chief executive officer of the company.

 

The company announced that chief technology officer, Julie Averill and chief supply chain officer, Ted Dagnese will join the company’s senior leadership team, reporting to the chief executive officer effective immediately. 

 

Lululemon ended the first half of 2019 with a revenue of 1.7 million dollars, up 21.3% year-on-year. Net profit grew 29.6% and stood at 221.59 million dollars. “We’re excited about the momentum in our business as we deliver on our goals and focus on our growth strategies; we look forward to providing details about our third quarter performance during our upcoming earnings call,” stated the executive.

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