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Lululemon’s board tears up peace plan with rebel founder
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.
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forbes.com
Lululemon Fires Back At Founder Chip Wilson In Turnaround Battle
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.
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cnbc.com
Lululemon takes battle with Chip Wilson public, calls founder 'misguided' and 'outdated'
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.
