Fort Myers, Fla. — Chico’s FAS, Inc. has appointed Patrick J. (PJ) Guido as its new chief financial officer, effective September 20, 2021. He will report directly to Molly Langenstein, chief executive officer and president of Chico’s FAS. Guido has more than 20 years of finance and operations experience and has held numerous executive leadership roles at premier retail and consumer companies. He most recently served as senior vice president and chief financial officer at Asbury Automotive Group, Inc., one of the largest automotive retail and service companies in the …
Lululemon
Dover, Del. — Lululemon, a provider of athletic apparel that is based in Canada but incorporated in Delaware, has now reopened 295 of its 489 stores, or roughly 60% of its worldwide locations. The company released the results of its fiscal first quarter, which ended on May 3, and posted a decline of 17% in net revenue from approximately $785 million to $652 million relative to the first quarter of 2019. In February, at the beginning of the company’s fiscal year, Lululemon closed all of its stores in mainland China …