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MarketWatch

Lululemon is getting a Nike veteran as its new CEO. An analyst says that could be a problem.

Lululemon is getting a Nike veteran as its new CEO. An analyst says that could be a problem.
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Yoga-wear maker Lululemon on Wednesday said its board had approved Nike veteran Heidi O’Neill as its new CEO. But analysts said it was too early to tell if that was the right call, and said questions about Nike’s current struggles could spill over into her new job.

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