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Lululemon’s Chief Product Officer Is Leaving. Wall Street Wasn’t Expecting This.

Lululemon’s Chief Product Officer Is Leaving. Wall Street Wasn’t Expecting This.

Lululemon Athletica stock sank Wednesday after the athletic wear company said its chief product officer is leaving and announced a reshuffle of its management ranks. The company said Tuesday its chief product officer, Sun Choe, will be departing the company later this month to pursue another opportunity. Lululemon said it doesn’t intend to replace the role.