Elliott Backs Nielsen for Lululemon CEO

Activist investor group Elliott Investment Management proposes Jane Nielsen, formerly of Ralph Lauren and Coach, as Lululemons new CEO. Nielsens track record in brand revitalization has investors excited, with Lululemons shares surging after the news. Elliotts influence and Nielsens enthusiasm for the role suggest a potential new era for the athletic apparel giant.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.