Lululemon Athletica(LULUpennslammer3problems.US) fell 7pennslammer3problems.18%pennslammer3problems, quoted at $299.8. on the news frontpennslammer3problemsLululemon said that following the departure of its chief product officer Sun Choe, global creative director Jonathan Choe will be responsible for driving 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.
