The founder’s proposal seeks to make boardroom revisions before the athletic-apparel company chooses a new CEO.
The brand says it wants to avoid a proxy fight but that Wilson “declined to engage further” after nominating three people to ...
Lululemon Athletica’s founder Chip Wilson is launching a proxy fight at the activewear retailer in a bid to remake the company’s board of directors. The stock was up 1.4%, to $211.92, in afternoon ...
Chip Wilson’s board nominations highlight deeper strategic issues at Lululemon as the brand grapples with innovation, ...