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CHIP WILSON CRITICISM
Lululemon shares drop as forecast cut spotlights challenges for incoming CEOLululemon faced a notable dip in its stock price as the athleisure retailer adjusted its profit expectations for the year. This news has es...- Lululemon says it picks former Nike executive Heidi O'Neill as next CEOLululemon has taken a decisive step by naming Heidi O'Neill, an ex-Nike leader, as the brand's new chief executive. This transition follows...
- Lululemon CEO Calvin McDonald to step down amid languishing sales in the USLululemon CEO Calvin McDonald will step down January 31 amid disappointing sales, with the company's board conducting a search for his succ...
- Big Tech's AI data centers are driving up electricity bills for everyoneBig Tech has become a dominant force in the US power industry, building and buying energy for AI-driven data centers consuming soaring amou...
- US stock market today: Market rise as S&P 500 nears record, Nasdaq jumps on chip optimism, Dow climbs 100+ points ahead of May CPI report and US-China trade dealUS Stocks rise after inflation data showed a softer-than-expected increase in May, while a new U.S.-China trade agreement lifted investor s...
- Payments body seeks MDR return; Turkey opposition X-ed outThe Payments Council of India has sought the return of a merchant discount rate (MDR) for large merchants. This and more in today’s ETtech ...
- Elon Musk is a dad again! Tesla CEO welcomes 14th child with partner Shivon ZilisElon Musk has welcomed his 14th child, a son named Seldon Lycurgus, with Neuralink executive Shivon Zilis. The pair already have three chil...
- Most Asian markets rebound as Hong Kong tech rally resumesHong Kong stocks resumed their impressive start to the year on Wednesday as they rocketed more than three percent on the back of a surge in...
- Pakistan's Imran Khan defiant even as longer sentence loomsImran Khan is facing a potential 14-year prison term in what his party calls politically motivated graft cases. The longest-running case in...
- Major cloud providers could get key role in AI chip access outside the US, sources sayThe new rules, some of whose details are being reported for the first time, show officials are scrambling in the waning days of the Biden a...
- China is bracing for fresh tensions with Trump over trade, tech and TaiwanAs Donald Trump prepares for his second term, China is anticipating renewed tensions in trade, technology and Taiwan relations. Trump's thr...
- Climate goals face BC election backlash in home of GreenpeaceJohn Rustad's campaign focuses on removing environmental targets and promoting natural-resources development, which contrasts sharply again...
- In global game of influence, China turns to cheap and effective tool: fake newsThe Biden administration is countering China's influence in the South Pacific, as seen in the Solomon Islands. China uses sophisticated dis...
- Trying to become like Gap: Lululemon founder Chip Wilson slams company's 'diversity and inclusion thing'Chip Wilson, founder of Lululemon, recently criticized the brand's pursuit of diversity and inclusion, claiming it aims to cater to everyon...
- How ‘Just-in-Time’ manufacturing is reasserting itself globallyIn most industries worldwide outside of aerospace manufacturing, the supply chains are almost back to normal and their conditions are furth...
- Ahead of Market: 12 things that will decide stock action on TuesdayMazhar Mohammad of Chartviewindia.in said, it looks critical for Nifty to sustain above 17,839-level to prevent near-term weakness.
- How to put a stop to Russia’s new form of organized crimeRansomware attacks can cripple critical infrastructure like hospitals and schools and even core functions of major cities. Using methods as...
- NBA-Highlights of Wednesday's NBA gamesNBA-HIGHLIGHTS/:NBA-Highlights of Wednesday's NBA games
- Tech firms could see fallout from antitrust shiftIf the Obama administration is serious about responding more aggressively to antitrust complaints, some of technology's biggest companies c...
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