Luxury bike wear company Kit and Ace parts ways with Lululemon founders [Financial Post (Toronto, Ontario, Canada)]
lululemon athletica inc. (LULU)
Last lululemon athletica inc. earnings: 3/26 04:05 pm
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Source: Financial Post
Luxury bike wear company Kit and Ace parts ways with Lululemon founders Shannon and J.J. Wilson — the wife and son of Lululemon founder Chip Wilson — are no longer involved in the company that they created in 2014 Luxury bike wear company Kit and Ace is steering itself in a new direction without its famed co-founders. The Vancouver-based brand said that Shannon and J.J. Wilson — the wife and son of Lululemon Athletica Inc. founder Chip Wilson — are no longer involved in the company that they created in 2014. The duo has been replaced by members of the Kit and Ace management team that acquired the company for an undisclosed amount and will now be led by chief executive officer George Tsogas. Tsogas told The Canadian Press that the changes to the brand have been in the works for several months and that the Wilsons’ departure was amiable. “They are moving on. They are doing philanthropy and just enjoying their time now,” Tsogas said. Tsogas noted that he remains close with Chip Wilson, w
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LULU
Earnings
- 3/21/24 - Beat
LULU
Sec Filings
- 4/25/24 - Form DEFA14A
- 4/25/24 - Form DEF
- 4/3/24 - Form 4
- LULU's page on the SEC website