The barbarians are at Lululemon's gate [CNN]
lululemon athletica inc. (LULU)
Last lululemon athletica inc. earnings: 3/26 04:05 pm
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Source: CNN
Wilson, Lululemon's controversial founder and second largest shareholder, announced Monday that he nominated three new directors, including former executives from ESPN and Activision, as well as a former leader from rival On. The Wall Street Journal first reported on the proxy fight The battle comes a few weeks after Lululemon announced that its CEO Calvin McDonald is leaving the company, capping off a tumultuous seven-year stint. The athleisure brand failed to keep up with competitors toward the end of McDonald's tenure, and its stock has lost more than 40% of its value in 2025. In a press release , Wilson said that Lululemon “needs visionary creative leadership to thrive,” and its current board members “lack these skills.” He said that the new leaders are “needed to redefine Lululemon and begin this company's next chapter of success.” Wilson might not be alone in his fight for control of Lululemon: Elliott Investment Management, a prominent activist investment firm, has built
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LULU
News
- Lululemon Founder Names Three Director Nominees in Push for Board Change [Yahoo! Finance]Yahoo! Finance
- The barbarians are at Lululemon's gate [Yahoo! Finance]Yahoo! Finance
- The barbarians are at Lululemon's gate [CNN]CNN
- Lululemon founder launches proxy fight for board changes [CNBC]CNBC
- Chip Wilson Nominates Three Independent Director Candidates for Election to the lululemon athletica inc. Board of Directors [Yahoo! Finance]Yahoo! Finance
LULU
Earnings
- 12/11/25 - Beat
LULU
Sec Filings
- 12/18/25 - Form 4
- 12/18/25 - Form 4
- 12/17/25 - Form 4
- LULU's page on the SEC website