Lululemon said Laurent Potdevin, most recently the president of Toms, will be its new CEO starting in January 2014. It also said controversial founder Chip Wilson will relinquish his role as non-executive chairman but will remain on the retailer’s board.
Women have gained the upper hand in the battle of the sexes thanks to the female-only app Lulu, which allows women to rate male Facebook friends on their potential as a romantic partner. Think North Korean dictator Kim Jong-un is scary with nuclear warheads? Try a woman scorned, armed with Lulu.
“Should a guy not do well in a particular category, then they can change their behavior,” says the inventor of a new man-rating app for women.