Lululemon has reached a settlement with founder Chip Wilson, ending a proxy contest he initiated last year. The company agreed to appoint two of Wilson's nominees to the board and an additional director with apparel expertise by October. In return, Wilson will refrain from criticizing the company for about 18 months. This resolution allows Lululemon to focus on growth and leadership stability under incoming CEO Heidi O'Neill, with shares rising about 4% following the news.
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...
