Lululemon claps back at Chip Wilson after spurned settlement offer
The retailer, which called its founder’s perspective “outdated,” had offered to elect two of his nominees, part of a settlement he rejected.
Related Articles
Lululemon, Chip Wilson settle feud
Two of Wilson’s board nominees will join after all, and he has agreed to hold off on further agitation for the next 18 months or…
Lululemon adds Chip Bergh to board as North America revenue declines
The appointment is a “key acquiescence” to the demands of founder Chip Wilson, though he called the decision “underwhelming.”
Lululemon founder Chip Wilson scuffles with board amid CEO search
The brand says it wants to avoid a proxy fight but that Wilson “declined to engage further” after nominating three people to its board.
The Weekly Closeout: Levi’s closes Dockers sale and Chip Wilson escalates Lululemon battle
The jeans maker has officially handed over its khaki label to Authentic Brands Group. Meanwhile, Lululemon’s founder strikes again.
Lululemon founder decries brand ‘erosion’ as CEO prepares to exit
Chip Wilson alleged the board and Calvin McDonald oversaw years of value destruction of the brand, though most analysts praised McDonald’s tenure.