Lululemon dealt setback

The fallout from the latest wardrobe malfunction at Lululemon Athletica Inc. (TSX:LLL) continued Tuesday as the stock plunged following news that the woman who helped build the company’s reputation plans her departure.

The fallout from the latest wardrobe malfunction at Lululemon Athletica Inc. (TSX:LLL) continued Tuesday as the stock plunged following news that the woman who helped build the company’s reputation plans her departure.

Chief executive Christine Day’s announcement late Monday came as a surprise to most and overshadowed better-than-expected earnings at the athletic clothing retailer. Lululemon has soared to a level of unprecedented success in recent years by exploiting a retail category that was practically untapped when it first hit the scene. Day, who will remain as CEO while the board searches for a replacement, provided little explanation for her departure.

Just Posted

Court to rule on B.C.’s pipeline permit law in crucial case for Trans Mountain

VANCOUVER — A court will rule today if a proposed British Columbia… Continue reading

Theresa May: A prime minister defined and defeated by Brexit

LONDON — Theresa May became prime minister in 2016 with one overriding… Continue reading

SpaceX launches 60 little satellites, 1st of thousands

CAPE CANAVERAL, Fla. — SpaceX has launched 60 little satellites, the first… Continue reading

Cross-Canada corridor concept getting dusted off ahead of election

OTTAWA — The notion of a pan-Canadian corridor dedicated to rail, power… Continue reading

RCMP investigate suspicious package in downtown Red Deer

Part of downtown Red Deer was closed to traffic due to a… Continue reading

Dogs and drugs don’t mix: Red Deer business wants to leave downtown after 18 years

One business owner is done with downtown Red Deer after 18 years.… Continue reading

Cast your votes for the Best of Red Deer

Nominations for the Best of Red Deer Readers’ Choice Awards are officially… Continue reading

O Canada: Hockey hotbed now produces tennis players, too

ROME — It’s typically Canadian that Denis Shapovalov, Felix Auger-Aliassime and Bianca… Continue reading

Proctor back chasing running records after cross-Canada speed attempt

CALGARY — Dave Proctors’ attempted speed record across Canada last summer was… Continue reading

Big names headed to New Mexico to film ‘The Comeback Trail’

SANTA FE, N.M. — Oscar winners Robert De Niro, Tommy Lee Jones… Continue reading

Lawyer: Deal close in Weinstein sexual misconduct lawsuits

NEW YORK — A tentative deal has been reached to settle multiple… Continue reading

Seniors: The unheard melodies

The sights and sounds around us enable us to experience our world.… Continue reading

Police find urn with ashes along bank of Red Deer River

RCMP find urn with ashes along bank of Red Deer River Red… Continue reading

North Vancouver RCMP seek skier whose pole caused brain injury to B.C. teen

VANCOUVER — A North Vancouver family is joining with RCMP to urge… Continue reading

Most Read