Lululemon Athletica Inc. has headed off a showdown at its upcoming meeting by signing an agreement with its estranged founder who was hell-bent on spurring change at the retailer.

Lululemon has reached an agreement with founder Chip Wilson, adding two of his handpicked board candidates, while he agrees to 18 month pause in public criticism.

Secondo Reuters, l’intesa prevederebbe l’ingresso nel board di due candidati indicati dal manager, oltre alla nomina di un terzo profilo condiviso. In cambio, l’azionista di…