The founder’s proposal seeks to make boardroom revisions before the athletic-apparel company chooses a new CEO.
Chip Wilson, Lululemon's founder, isn't afraid to speak his mind about his former company, which he still holds an 8% stake ...
Lululemon Athletica, once a dominant player in the athleisure market, has recently struggled to maintain its competitive edge. Several factors have contributed to this decline: Chip Wilson's advocacy ...
Chip Wilson launches a founder-led proxy fight at Lululemon, nominating three directors to restore creative leadership as ...
Chip Wilson founded Lululemon in 1997 after selling his first apparel company. He became known for his controversial remarks ...
The recent CEO change announcement was the third total failure of board oversight with no clear succession plan in place,” ...
Lululemon founder and large shareholder Chip Wilson is looking to restore investor faith in the yoga-gear maker by changing ...
Lululemon's founder and one of its largest independent shareholders, Chip Wilson has launched a proxy fight against the ...
The move by Wilson comes on the heels of news that activist investor Elliott Management had acquired a stake of over $1 billion in Lululemon Athletica and intended to push its candidate, Jane Nielsen, ...
Lululemon is searching for a new CEO following a slump in U.S. sales. An activist investor is already involved, and now the ...
So far this year, LULU shares have decreased by about 44%, in contrast to a roughly 20% decline for Nike, with both stocks ...