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ArticleLululemon cuts guidance as China remains strong but US slows
Lululemon grew internationally in Q3 but US sales declined again. The company cut FY25 guidance and announced a CEO transition.
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ArticleLululemon CEO to step down amid sales slowdown
Calvin McDonald will leave Lululemon at end of January; CFO Meghan Frank and CCO André Maestrini named interim co-CEOs as company faces tariffs and rivals like Alo Yoga.
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ArticleNew Paris hub to scale repair revolution
United Repair Centre (URC) will open its third European repair hub in Paris in February 2026, backed by €3.2 million in impact investment and support from the City of Paris.
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ArticleKKR eyes acquisition of sports investor Arctos
Investment giant KKR is reportedly looking to acquire Arctos Partners, a sports-focused private equity firm with stakes in major teams across US leagues.
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PDF NewsletterSGI Europe Executive Edition: Vol 36 - 48+49
UK scraps tariff exemption for low-value goods as EU accelerates similar reforms | Black Friday 2025 sets new US online spending record as AI drives surge | Lululemon debuts new SoHo store as NA market turbulence mounts | JD Sports Fashion delivers solid Q3 results with 2.4% organic growth despite footwear headwinds | EU Ombudsman faults Commission for rushed sustainability rule rollback | HanesBrands shareholders approve planned merger with Gildan Activewear | Gildan completes $2.2bn acquisition of HanesBrands | Puma faces mounting takeover speculation as Artemis weighs options | Lululemon Americas president Celeste Burgoyne exits amid North American slowdown | Asics bolsters digital running ecosystem with acquisitions in Spain and Thailand | Governance tensions rise at Hugo Boss as Frasers withdraws backing | ISPO Munich 2025: Insights from industry insiders into the Chinese consumer market | Nike restructures creation engine amid revenue slump and market pressure | Nike reorganizes senior leadership to accelerate ‘Win Now’ strategy
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News briefsLululemon opens SoHo flagship amid NA shake-up
Lululemon’s new SoHo flagship signals a retail reset as the brand faces slowing North American sales and a major leadership transition.
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ArticleLululemon Americas president Burgoyne exits
Lululemon is losing a 20-year company veteran and “key architect” of its growth, Celeste Burgoyne, who is departing as President of the Americas for a C-suite role at Vail Resorts.
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PDF NewsletterSGI Europe Executive Edition: Vol 36 - 46+47
Amer Sports posts 30% revenue growth in Q3 FY25 as outdoor brands drive performance | Asics posts record sales with 39% operating income growth | On Holding achieves record quarterly sales of €825m with 25% growth | Mizuno hits €740m in record H1 sales, led by running, football and workwear | Canada Goose posts quarterly loss as DTC growth offsets higher costs from strategic investments | Under Armour beats forecast as North America sales show early signs of a potential turnaround | Profit squeeze at Yue Yuen as labor costs surge and China retail softens | Puma streamlines US licensing with United Legwear & Apparel Co. | VF Corporation completes sale of heritage workwear brand Dickies to Bluestar Alliance | Under Armour ends 13-year partnership with Steph Curry amid restructuring | Canada Goose announces board changes as director retires | Columbia Sportswear appoints Peter Bragdon and Joe Boyle as Co-Presidents under succession plan | Ciele Athletics appoints Corey Stecker as Global Head of Sales | Nike partners with Syre to accelerate circular polyester production | Nike signs multi-year offtake agreement with Loop Industries for circular polyester resin | Lenzing and OceanSafe develop next-gen circular fiber for performance textiles
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ArticleLululemon unveils Team Canada 2026 Winter Games kit
Lululemon, in partnership with the Canadian Olympic and Paralympic Committees, has unveiled a technical and inclusive Team Canada kit for the 2026 Winter Games.
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ArticleXponential Fitness appoints Chief Legal Officer
Xponential Fitness Inc. (NYSE: XPOF) has appointed Gavin M. O’Connor Chief Legal Counsel & Administrative Officer. He will take charge on Nov. 14.