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EXPLAINED: Chip wilson | Vintage Vibes

Lululemon's Chip Wilson is giving the company a severe case of 'post-founder syndrome'

Also: All the news and watercooler chat from Fortune.

Fortune

The coolest girl you know is wearing vintage to the gym

Patience with homogenous gym clothes is wearing as thin as cheap leggings. But the vintage resale market has taken on new life

Evening Standard

A Proxy Fight Just Broke Out at Lululemon. Will LULU Stock Holders Win?

Lululemon's founder has started a proxy fight, nominating three independent directors to the board.

Barchart

From analysis to the latest developments in health,
read the most diverse news in one place.

Struggling Lululemon Faces Proxy Battle as Founder Pushes for Board Overhaul

Lululemon founder Chip Wilson launches a proxy fight to revamp the board as the company searches for a new CEO amid declining sales.

International Business Times

Chip Wilson Nominates On Running's Ex‑CEO To Lululemon Board — What It Means For The Brand's Future

Chip Wilson launches a founder-led proxy fight at Lululemon, nominating three directors to restore creative leadership as shares tumble.

International Business Times UK

New York Lululemon customer tries to exchange pants she bought in Louisiana. She wasn’t expecting worker’s response: ‘He definitely think it’s stolen’

A customer went inside a Lululemon store to exchange some leggings she purchased in Louisiana. Then, the store’s employees refused to process the exchange, telling her, “ We can’t do an exchange for this one.”

The Mary Sue

Lululemon Stock Surge: $1B Buyback and CEO Exit Allegedly Protects Consumers

Lululemon Athletica shares surged during after-hours trading after the company reported better-than-expected Q3 results and announced the departure of CEO Calvin McDonald.

International Business Times UK

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Lululemon Stock Turmoil: Founder Blames CEO as Brand Identity Crisis Sparks Investor Frenzy

Lululemon faces an identity crisis and plunging stock as founder Chip Wilson blames CEO Calvin McDonald for the brand's decline.

International Business Times UK

Jiayou! Jiayou! The rise and rise of trail running in China

We look at the Chinese boom in trail running, including how tragedy has shaped the modern pursuit and what the future holds

Advnture

Two Sports Stocks Just Hit All-Time Highs: Which Is the Better Buy?

Amer Sports and On Holding hit all-time highs on Wednesday. Both stocks have doubled over the past year. ONON is the better way to go if you can only buy one. Here’s why.

Barchart

Lululemon pulls leggings after customers complain they give them ‘long butt’

‘It’s a little bit extra’

The Independent UK

Digested week: Abdication of Denmark’s queen continues to charm and entertain

Spotlight now falls on Crown Prince Frederik and his wife as tabloids focus on alleged past dalliance

The Guardian - UK

From anti-Asian to fatphobic remarks: A history of Lululemon’s public scandals and gaffes

This isn’t the first time Lululemon and its founder have sparked public outrage

The Independent UK

Lululemon’s billionaire founder slams the company’s diversity and inclusion efforts

Chip Wilson has added almost $4 billion to his net worth since 2020, nearly all because of the rise in value of his 8% stake in Lululemon stock.

Fortune

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news in one place.

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The Walrus

Lululemon Tried to Become a Tech Company. It Didn’t Work Out

With the spectacular failure of its futuristic workout device, the apparel giant proved that some business stretches go too far

Benzinga

Optimi Closes Non-Brokered Private Placement, Here Are The Details

Canadian licensed producer of GMP-grade psilocybin Optimi Health Corp.

People

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