Lululemon Athletica clashes with founder Chip Wilson, defends incoming CEO as proxy battle over board seats intensifies.

A very public spat between Lululemon and founder Chip Wilson has seen both parties fire salvoes in an increasingly acrimonious dispute over the future of the brand.

Lululemon responded publicly to founder Chip Wilson's campaign in a letter to shareholders, where it urged them to vote in its favor at its annual meeting.

Lululemon Athletica clashes with founder Chip Wilson, defends incoming CEO as proxy battle over board seats intensifies.

Lululemon has publicly rejected founder Chip Wilson’s ideas to fix the struggling athleisure brand with some strongly worded criticisms of its former leader.

Die Yoga- und Sportmarke Lululemon hat Beef mit ihrem umstrittenen Gründer: Der will Einfluss im Unternehmen zurückgewinnen. Die Marke fürchtet offenbar um ihr Image.

Chip Wilson responded to criticism from Lululemon saying he’s looking for a constructive path forward. Find out more.

The board of the iconic leisurewear group is in open war with its billionaire founder, who could decide the directors’ future at a shareholder meeting next month.