Lululemon Athletica is publicly disputing with its founder and largest individual shareholder, Chip Wilson, accusing him of pushing outdated views and conflicts of interest that threaten the company's turnaround. Wilson, holding an 8.97% stake, has nominated three board candidates opposing Lululemon’s own nominees ahead of the June 25 annual meeting. The battle highlights differing visions for the company’s future as Lululemon faces falling shares, slowing demand, and rising competition. The company supports its incoming CEO Heidi O’Neill and warns shareholders against Wilson’s nominees, citing risks to governance and progress.
Lululemon invested in Syntetica's $30 million Series A funding to support its innovative recycling of Nylon 6 and Nylon 6,6, materials difficult to separate and reuse in textile waste. This move aligns with growing industry demand for sustainable, co...
In Q2 2026, Baird's Chautauqua International Growth Fund returned +10.39%, trailing the MSCI ACWI ex-U.S. Index's +14.49%. Key detractors included Alibaba and Lululemon, while Recruit and ASML contributed positively. The Global Growth Fund also lagge...
