The Weekly Closeout: Levi’s closes Dockers sale and Chip Wilson escalates Lululemon battle

Jeffrey Jones, a former chief marketer at Target, will join the apparel maker in January. Meanwhile, analysts called out On and Hoka as big winners…

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 appointment is a “key acquiescence” to the demands of founder Chip Wilson, though he called the decision “underwhelming.”

The company also owns Wrangler, which it says will be a $5 billion brand, and last year bought Norwegian outdoor apparel maker Helly Hansen.

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…