Lululemon news and archive

Lululemon founder expresses readiness for constructive board resolution

Chip Wilson, founder of Canadian brand Lululemon Athletica (Lululemon) and one of the largest shareholders of the company, has released a statement regarding ongoing settlement discussions with the board of directors. Wilson expressed optimism about reaching a swift conclusion to the public dispute, highlighting that both parties appeared to be...

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Lululemon board defends strategic turnaround plan amidst growth deceleration

US athletic apparel company Lululemon Athletica Inc. has filed definitive proxy materials with the Securities and Exchange Commission in connection with its upcoming annual meeting of shareholders scheduled for June 25, 2026. In an accompanying letter mailed to investors, the board of directors defended its strategic turnaround plan and strongly...

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Chip Wilson launches proxy contest to restore Lululemon brand focus

The founder and largest active shareholder of Canadian athletic apparel brand Lululemon, Chip Wilson, has issued an open letter to shareholders calling for a significant overhaul of the board of directors. Wilson has nominated three independent directors to be elected at the 2026 annual meeting of shareholders. The timing of this proxy contest...

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Lululemon appoints Esi Eggleston Bracey to board of directors

Canadian athletic apparel retailer Lululemon Athletica has announced the appointment of Esi Eggleston Bracey to its board of directors, effective April 28, 2026. Bracey joins the board as the company continues a five-year period of governance refreshment, during which it has appointed six new independent directors. Bracey most recently served as...

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Epoch Biodesign to open world's largest nylon 6,6 biorecycling facility in London

UK biotechnology company Epoch Biodesign is set to open Europe’s first and the world’s biggest nylon 6,6 biorecycling demonstration facility. The global leader in enzymatic recycling, the plant will open at Grapht Works, Imperial College in North Acton, London, the city’s new pilot manufacturing facility. The announcement comes a month after...

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Former Nike executive Heidi O'Neill named Lululemon's next chief executive officer

Canadian athletic apparel company Lululemon has announced the appointment of industry veteran Heidi O’Neill as its next chief executive officer (CEO). O’Neill, who brings more than three decades of experience in the brand strategy and product innovation sectors, is scheduled to assume the role and join the board of directors on September 8,...

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Lululemon launches e-commerce for Mexico, confirms eight new stores

Lululemon is continuing to scale in Mexico where it has now officially launched a dedicated e-commerce channel to enhance customer experience. The site’s debut complements the Canadian company’s further plans to increase its store count in the region during fiscal year 2026. In a press release, Lululemon confirmed that it is looking to open...

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Lululemon under scrutiny for alleged PFAS use and product safety claims

Lululemon is facing an investigation from Texas attorney general Ken Paxton over concerns related to product safety and transparency. According to a press release issued by the attorney general’s office, Paxton has launched a Civil Investigative Demand against Lululemon Athletica as part of a formal inquiry into whether the Canadian activewear...

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Nike patent victory overturned in footwear dispute with Lululemon

US sportswear giant Nike has seen a jury verdict in its favour reversed by a federal judge in Manhattan, effectively nullifying a 355,450 dollars damages award against Canadian athleticwear company Lululemon USA Inc. (Lululemon). The decision, signed by district judge Arun Subramanian on March 24, 2025, follows a legal battle initiated in 2023....

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Epoch Biodesign closes a 12 million US dollar funding round

UK biotechnology company Epoch Biodesign has closed a 12 million US dollar strategic funding round, including investment from Canadian activewear brand Lululemon, alongside Kompas VC, Happiness Capital, Extantia and Leitmotif (a VC backed by Volkswagen) to accelerate the commercialisation of recycled nylon. In a statement, Epoch Biodesign, a...

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Lululemon founder Wilson challenges board composition ahead of executive search

The Canadian athletic apparel brand Lululemon founder Dennis J. ‘Chip’ Wilson has issued an open letter to prospective candidates for the role of chief executive officer, warning of significant structural issues within the company board of directors. Wilson, who remains one of the largest shareholders of the firm, expressed concern that the...

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Chip Wilson heightens pressure on Lululemon board with campaign website

Chip Wilson is accelerating his campaign calling for a leadership overhaul at Lululemon. The founder of the Canadian athleisure brand has launched a new website detailing the changes he believes are needed in order to unlock value for shareholders. The platform further spotlights the candidates Wilson’s put forth for election as independent...