Lululemon's shares increased over 3% following shareholder approval of three management-backed directors at the annual meeting, resolving a long-standing proxy dispute with founder Chip Wilson. The new directors include former Levi Strauss CEO Chip Bergh, Unilever's Esi Eggleston Bracey, and finance expert Teri List. Additionally, two of Wilson’s nominees joined the board, with a third director expected by October, expanding the board to 11 members. This board restructuring comes as Lululemon prepares for new CEO Heidi O’Neill's arrival in September amid tough competition and a 50% stock decline over the past 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...
