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The Latest Breaking News from Chip Wilson

Lululemon's new CEO inherits a mess that looks like the one she left at Nike

The new CEO faces an uphill battle in getting people to want Lululemon gear again.

Fortune

Lululemon Founder's $6.1B Fortune Thrown Into Chaos as He Divorces Wife of 20 Years With No Prenup

Chip Wilson, founder of Lululemon, faces a potential $6.1 billion asset split due to divorce, risking major corporate stakes and market stability.

International Business Times UK

What Happens to Lululemon Founder Chip Wilson's $6.1B Fortune in Divorce Without a Prenup?

Lululemon founder Chip Wilson filed for a divorce without a prenup, which could lead to complexities in dividing a $6.1 billion fortune under British Columbia's Family Law Act.

International Business Times UK

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Lululemon founder Chip Wilson files for divorce from wife Shannon Wilson: How much of his $6.1 billion wealth could ‘Summer’ get?

Chip Wilson's Wife and Net Worth Lululemon founder Chip Wilson has filed for divorce from his wife Shannon ‘Summer’ Wilson after more than two decades of marriage. With Wilson’s reported $6.1 billion fortune and the couple’s significant Lululemon stakes, the divorce could have major financial implications. The couple reportedly did…

The Economic Times

In 2020, students helped raise money to protect a Canadian island from development; Chip Wilson’s family foundation later donated C$4 million to protect three islands

In a remarkable race against time, a charity in British Columbia mobilized to save West Ballenas Island from impending development. High school students spearheaded a campaign that garnered significant support, bolstered by a generous matching gift from Chip Wilson's family foundation. This collaboration not only preserved rare Coastal Douglas-fir ecosystems…

The Times of India

Lululemon shares drop as forecast cut spotlights challenges for incoming CEO

Lululemon faced a notable dip in its stock price as the athleisure retailer adjusted its profit expectations for the year. This news has escalated concerns among investors regarding the company's ability to bounce back. The incoming CEO will face a myriad of challenges, as reports suggest a decline in the…

The Economic Times

Lululemon Stock Has Crashed 60% Over the Past Year, But 1 Ugly Distraction Is Finally Gone

The founder deal removes a key distraction, but Lululemon still needs stronger products and steadier growth to win investors back.

Barchart

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Lululemon Stock Just Hit Another 52-Week Low. History Tells Us It Could Lose Another $25 from Here.

Lululemon sank to $123.51 on Tuesday, its 37th 52-week low in a year, dragging the stock to a five-year bottom—and setting up a high-risk, contrarian trade for investors willing to bet on a sharp turnaround.

Barchart

Super Sweaty Leggings: The Battle Between Lululemon’s Founder and Its Board of Directors Just Got Hotter

Chip Wilson launches a scathing shareholder letter as the board fires back with accusations of competing ventures and sharing a playbook with Alo Yoga and Vuori.

Barchart

Much Like Their Pants, I’m Not Ready for Another Tight Squeeze with Lululemon’s Stock

Former Nike executive Heidi O’Neill takes helm in September as founder Chip Wilson pushes for board overhaul and Americas sales decline 3%

Barchart

Lululemon Is Sinking on New CEO Pick. Should You Buy, Sell, or Hold LULU Stock?

Lululemon stock sinks as retailer names Heidi O’Neill its next CEO. Here’s why the market seems to dislike her appointment as top executive.

Barchart

Lululemon's Chip Wilson is giving the company a severe case of 'post-founder syndrome'

Also: All the news and watercooler chat from Fortune.

Fortune

The coolest girl you know is wearing vintage to the gym

Patience with homogenous gym clothes is wearing as thin as cheap leggings. But the vintage resale market has taken on new life

Evening Standard

A Proxy Fight Just Broke Out at Lululemon. Will LULU Stock Holders Win?

Lululemon's founder has started a proxy fight, nominating three independent directors to the board.

Barchart

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International Business Times

Struggling Lululemon Faces Proxy Battle as Founder Pushes for Board Overhaul

Lululemon founder Chip Wilson launches a proxy fight to revamp the board as the company searches for a new CEO amid declining sales.

International Business Times UK

Chip Wilson Nominates On Running's Ex‑CEO To Lululemon Board — What It Means For The Brand's Future

Chip Wilson launches a founder-led proxy fight at Lululemon, nominating three directors to restore creative leadership as shares tumble.

The Mary Sue

New York Lululemon customer tries to exchange pants she bought in Louisiana. She wasn’t expecting worker’s response: ‘He definitely think it’s stolen’

A customer went inside a Lululemon store to exchange some leggings she purchased in Louisiana. Then, the store’s employees refused to process the exchange, telling her, “ We can’t do an exchange for this one.”

International Business Times UK

Lululemon Stock Surge: $1B Buyback and CEO Exit Allegedly Protects Consumers

Lululemon Athletica shares surged during after-hours trading after the company reported better-than-expected Q3 results and announced the departure of CEO Calvin McDonald.

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International Business Times UK

Lululemon Stock Turmoil: Founder Blames CEO as Brand Identity Crisis Sparks Investor Frenzy

Lululemon faces an identity crisis and plunging stock as founder Chip Wilson blames CEO Calvin McDonald for the brand's decline.

Advnture

Jiayou! Jiayou! The rise and rise of trail running in China

We look at the Chinese boom in trail running, including how tragedy has shaped the modern pursuit and what the future holds

Barchart

Two Sports Stocks Just Hit All-Time Highs: Which Is the Better Buy?

Amer Sports and On Holding hit all-time highs on Wednesday. Both stocks have doubled over the past year. ONON is the better way to go if you can only buy one. Here’s why.

The Independent UK

Lululemon pulls leggings after customers complain they give them ‘long butt’

‘It’s a little bit extra’

The Guardian - UK

Digested week: Abdication of Denmark’s queen continues to charm and entertain

Spotlight now falls on Crown Prince Frederik and his wife as tabloids focus on alleged past dalliance

The Independent UK

From anti-Asian to fatphobic remarks: A history of Lululemon’s public scandals and gaffes

This isn’t the first time Lululemon and its founder have sparked public outrage

Fortune

Lululemon’s billionaire founder slams the company’s diversity and inclusion efforts

Chip Wilson has added almost $4 billion to his net worth since 2020, nearly all because of the rise in value of his 8% stake in Lululemon stock.

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