Lululemon has publicly responded to founder Chip Wilson's proxy battle by urging shareholders to vote for its own board nominees over Wilson's, citing his outdated views and conflicts of interest. The company defends its strategy and incoming CEO Heidi O'Neill as key to turning around its business, which has faced challenges from tariffs, competition, and weak product appeal. Wilson criticizes the current board for prioritizing efficiency over creativity and proposes his own nominees, but Lululemon argues his picks lack relevant experience and could harm the company's progress. The annual shareholder meeting is set for June 25, where investors will decide which slate to support amid ongoing tensions and a significant stock decline this year.
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...
