At this time of year, when Americans step on the post-holiday scale and wince, they often end up calling on weight loss companies to help them return to their svelte […]
The maker of pricey and popular yoga gear has appointed a new CEO, Laurent Potdevin, and announced that founder and chairman Dennis “Chip” Wilson will relinquish his chairman duties by June 2014. The news comes after a tough year for Lululemon: It recalled pants that turned out to be see-through, Wilson blamed overweight customers for the problem, and then the product chief resigned followed by the CEO. All of this took a toll on results and, consequently, stock price. One can only hope Potdevin doesn’t get bent out of shape turning things around.
December 12, 2013
This week’s FDA action puts the heat on US livestock producers. Under pressure from consumer groups, the government agency has released its final guidance restricting the use of antibiotics in food-producing animals. The FDA hopes to reduce outbreaks of drug-resistant bacteria — a rising cause of illness and death in humans — through the measure.
December 9, 2013
Demand for collaborative software, analytics tools, and enterprise applications will drive worldwide software spending growth over the next several years, according to IDC. The industry is expected to post a compound annual growth rate near 6 percent between 2012 and 2017. Tools that help organizations analyze and share data and content show the most potential, with spending on collaborative; structured data management; and data access, analysis, and delivery applications to grow 8 percent. For more trends, check out our Computer Software industry profile.
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