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Lululemon proxy fight against founder Chip Wilson goes to shareholders
Posted
May 18, 2026
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May 18, 2026
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1:05Now PlayingLululemon is showing its teeth.
The Vancouver-based athleticwear company is taking its battle with activist founder Chip Wilson public, writing in a letter to shareholders on Monday he has “outdated perspectives” and “troubling conflicts of interest” that will derail its turnaround plan, materials reviewed by CNBC show.
CNBC's Gabrielle Fonrouge has the details.
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