Lululemon's Chairman Sold Lots Of Sto...

Lululemon's Chairman Sold Lots Of Stock Before CEO's Surprise Departure

There are 1 comment on the The Huffington Post story from Jun 13, 2013, titled Lululemon's Chairman Sold Lots Of Stock Before CEO's Surprise Departure. In it, The Huffington Post reports that:

Chairman Dennis "Chip" Wilson sold stock worth $50 million days before shares slumped on the news of Chief Executive Christine Day's surprise departure.

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Since: Dec 09

Location hidden

#1 Jun 15, 2013
What really happened?

They announced a new line of men's wear. The see through yoga pants was a purposefull act to get more men interested in yoga and hence buy their products.

No doubt the dumped CEO is off into the sunset with stock options and benefits to award this manipulation and unique concpet on capitalism.

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