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Lululemon nears deal to settle proxy war with founder Chip Wilson

FN·May 27 ago·3 min read
Photograph via Fashion Network
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Lululemon Athletica is nearing a settlement with Chip Wilson that ​would give the athletic apparel maker's founder board seats in exchange for a pledge of peace ‌from one of its biggest investors, sources told Reuters.​

Lululemon Athletica is nearing a settlement with Chip Wilson that ​would give the athletic apparel maker's founder board seats in exchange for a pledge of peace ‌from one of its biggest investors, sources told Reuters.​

Lululemon Athletica is nearing a settlement with Chip Wilson that ​would give the athletic apparel maker's founder board seats in exchange for a pledge of peace ‌from one of its biggest investors, sources told Reuters.​

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