Lululemon has resolved a bitter proxy fight by agreeing to add two board members chosen by its founder, Chip Wilson, while Wilson agrees to halt public criticism of the company for 18 months. The new board members, Laura Gentile and Marc Maurer, bring marketing and international athleticwear experience as Lululemon aims to strengthen performance and expand globally. Wilson also agreed to a donation supporting local athletics and art instead of expense reimbursement. This deal gives Lululemon breathing room to focus on its turnaround ahead of its June earnings report and the arrival of new CEO Heidi O’Neill in September.
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...
