Lululemon adds President of Luxury and Fashion at Yoox Net-a-Porter to its board of directors
Activewear and lifestyle brand Lululemon Athletica announced that Alison Loehnis, President of Luxury and Fashion at Yoox Net-a-Porter, has been appointed to its Board of Directors, effective immediately.
Loehnis is responsible for Net-a-Porter, Mr. Porter and The Outnet businesses, and was instrumental in the conception and launch of major initiatives including TheOutnet.com and MrPorter.com. She previously held positions in LVMH, Hachette Filipacchi and The Walt Disney Company, after starting her career with Saatchi & Saatchi. She lives in London.
Loehnis commented: “I have been a loyal lululemon customer for a long time and have always admired their ability to drive product innovation that combines both performance and style. I am excited to join the Board of Directors and support the organization as it continues to expand globally while building connected communities across different platforms."
Glenn Murphy, Chairman of the Board said: “Alison Loehnis is a dynamic leader with a remarkable track record of consistently driving growth through her knowledge of consumer and product trends. We look forward to benefiting from Alison’s valuable insights and expertise as lululemon continues to grow around the world.”
Earlier this year Lululemon updated its earnings expectations for the fourth quarter of fiscal 2021, revealing the impact of COVID-19’s Omicron variant on the retailer's sales. The Vancouver-based company said that its revenue and earnings would be "toward the low end" of its range of $2.125 billion to $2.165 billion for the three months to the end of January.
