Chip Wilson's Board Battle: Lululemon's Future in Flux

Chip Wilson, Lululemons founder, is challenging the board, nominating new directors amid the companys struggles. The athleisure brands stock has plummeted, and Calvin McDonald has stepped down. Wilson criticizes the boards lack of vision and oversight, while Elliott Management backs Jane Nielsen for CEO. The board battle could reshape Lululemons future. Checkout Solipillow.comThe Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.