Lululemon Athletica(LULUtmntarcadecabinet.US) fell 7.18%tmntarcadecabinet, quoted at $299.8. In the news, Lululemon said that after the departure of its chief product officer Sun Choe, global creative director Jonathan Choe will be responsible for promoting its product design and innovation roadmap, while continuing to oversee design, innovation and product development. Jefferies analysts believe that the reorganization of Lululemon's product and brand team does not bode well, and organizational adjustments may signal weak revenue performance in the coming quarters. The company's business has reached its peak and is facing increased competition.
