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Tag: Lululemon Athletica Inc

Nike CEO Mark Parker to step down, ex-eBay John Donahoe to replace him in 2020

Nike said Tuesday afternoon its longtime CEO Mark Parker is stepping down, effective January of next year. In a sign of the company’s focus on digital, he will be replaced by John Donahoe, a Nike board member and the CEO of ServiceNow. Donahoe was formerly the CEO of eBay and is chairman of the board …

Nike CEO Mark Parker to step down, ex-eBay John Donahoe to replace him in 2020Read More

Under Armour CEO Kevin Plank steps down as CEO: How he got here

Kevin Plank, founder and CEO of Under Armour sportswear, in his office in Baltimore, Maryland on October 1, 2009. Bill O’Leary | The Washington Post | Getty Images Kevin Plank built Under Armour from scratch in his grandmother’s basement in Washington, D.C. In its first full year in business, in 1996, Under Armour did $17,000 …

Under Armour CEO Kevin Plank steps down as CEO: How he got hereRead More

Under Armour CEO Kevin Plank explains the brand’s Virgin Galactic deal

NEW YORK — Under Armour CEO Kevin Plank says the company’s latest tie-up with Virgin Galactic to make spacesuits for astronauts should set the business apart — in consumers’ minds and on Wall Street — from other athletic apparel brands such as Nike, Adidas and Lululemon. “It’s a bit of a coming-out party for what …

Under Armour CEO Kevin Plank explains the brand’s Virgin Galactic dealRead More