Calvin McDonald Exits Lululemon as U.S. Sales Continue to Slow
Calvin McDonald, CEO of Lululemon Athletica, will step down on January 31, 2026. The announcement comes as U.S. sales, the company’s largest market, continue to slow. The news shook markets and raised questions about Lululemon’s next steps. Once a leader in yoga pants and activewear, Lululemon now faces tougher competition and slower growth. Investors and…