More From Evan Clark
Lululemon Founder Chip Wilson Makes His Case for Change at the Ailing Active Giant
For Wilson, all of the brand's troubles lead back to the boardroom.
Walmart’s Push for Fashion Democracy Comes to SoHo
The retail giant has set up some of its more elevated fashion offering in a much more intimate pop-up in New…
At Lululemon, a Board Revamp, CEO Switch and Constant Negotiations With Disgruntled Founder Chip Wilson
Beauty veteran Esi Eggleston Bracey was named as a director as the company detailed its engagement with…
Fashion’s New Wave of Digital Darlings Are Built Different
The dot-bomb era has given way to a renewed focus on product and value, according to a new analysis by…
Former Target CEO Brian Cornell Scores $21.8M Pay Package in Final Year in the Corner Office
Shareholders are also pushing for the company's chair to be an independent director.
The Saks Global Lenders in Line to Potentially Own the Retailer After Bankruptcy
A recent court filing updated the membership and holdings of the ad hoc group of lenders that gave the…
Bankruptcy Court Approves Saks Global’s $500M Exit Financing Package
The approval helps set the company up for life after Chapter 11.
Lululemon CEO Pick Heidi O’Neill Faces Skeptical Wall Street
Shares of the company fell sharply as the market digested the Nike veteran's planned ascent to the top spot.
Lululemon Names Nike Veteran Heidi O’Neill as Next CEO
O'Neill said she plans to "accelerate product breakthroughs, deepen the brand's cultural relevance" when she…
Tailored Brands Looks to Return to Wall Street With a Second IPO
The retailer, which emerged from bankruptcy in 2020, said it confidentially filed for a public stock offering.
The U.S. Is Luxury’s Best — and Maybe Only — Bet for Growth
But with war in the Middle East and an AI-dependent stock market, it remains to be seen how solid the market…
Abercrombie CEO Fran Horowitz’ Pay Slips to $13.3M for 2025
Most of the compensation package came from $10.5 million in stock options.
California AG Accuses Amazon of Price Fixing With Levi’s and Hanes
The attorney general, Rob Bonta, said the e-commerce giant pressured its vendors to have competitors like…
QVC Group Looks to Race Through Bankruptcy
The home shopping network said it has a restructuring support plan that will allow it to pay its vendors in…
Richard Baker Moves to Quash Subpoena From Saks Global Creditors
The former CEO argued in a court filing that the retailer is better placed to provide most of the information…