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Lululemon

All articles tagged with #lululemon

business6 hours ago•3 min saved

Lululemon Settles Proxy Fight, Adds Founder-Backed Directors to Board

Lululemon and founder Chip Wilson have settled the December proxy contest, with the company agreeing to add two of Wilson’s nominees—Marc Maurer and Laura Gentile—and another director with apparel product/brand expertise by October. In return, Wilson will refrain from criticizing the company for about 18 months. The deal includes a donation to Kitsilano Beach in Vancouver instead of reimbursing proxy expenses, and comes as shares rose around 4% in premarket trading amid leadership transitions and ongoing strategic efforts to restore growth and brand health.

via CNBC|

#board-nominees #business #chip-wilson

business8 days ago•25 min saved

Lululemon Bets on a Refreshed Board and Heidi O’Neill to Drive Growth

Lululemon filed definitive proxy materials for its June 25, 2026 annual meeting and urged shareholders to vote the WHITE proxy card for three independent director nominees—Chip Bergh, Esi Eggleston Bracey, and Teri List—while opposing Dennis Wilson’s slate. The company outlined a strategic reset under incoming CEO Heidi O’Neill, built around three pillars: product creation, product activation, and enterprise enablement, and highlighted strong 2025 results (revenue $11.1B, $1.8B cash, no debt) and ongoing international expansion. The board emphasizes its refreshed composition and governance expertise to deliver enhanced shareholder value.

via Lululemon|

#annual-meeting #board-refresh #business

business9 days ago•311 min saved

Lululemon rebuffs founder's bid for board overhaul as misguided

Lululemon publicly rejects Chip Wilson’s campaign to overhaul its board, saying nominating three directors would endorse his “misguided” views and strip the company of critical leadership. Wilson, a former CEO and one of the largest shareholders, has long attacked management, while Lululemon has named Heidi O’Neill as the new CEO after Calvin McDonald’s departure. The company says it interviewed Wilson’s picks and found they would not benefit shareholders, and the public clash comes as the stock has fallen about 40% this year amid tariffs, consumer spending pullback and competition from brands like Vuori and Alo.

via CNN|

#board-governance #business #chip-wilson

business9 days ago•311 min saved

Lululemon rebuffs founder’s bid to overhaul its board

Lululemon publicly rejected founder Chip Wilson’s bid to reshape its board, calling his proposed nominations and approach “misguided” and asserting that voting for them would endorse a past-focused vision. Wilson, the brand’s second-largest shareholder and a vocal critic of current leadership, had pushed for a board overhaul after Wilson’s December campaign. The company’s letter, released ahead of June’s shareholder meeting, argued the picks would remove critical operating skills and would fail to reflect the business today, as CEO Calvin McDonald departs and Heidi O’Neill steps in. The clash comes amid a roughly 40% drop in Lululemon’s stock this year due to tariffs, softer discretionary spending, and rising competition from brands like Vuori and Alo.

via CNN|

#board-nominations #business #chip-wilson

business1 month ago•20 min saved

Lululemon Taps Nike Veteran Heidi O’Neill to Lead Next Growth Phase

Lululemon has named Heidi O’Neill, a Nike veteran who helped scale Nike’s business, as its next CEO, effective Sept. 8, to accelerate product breakthroughs and deepen the brand’s cultural relevance after a period of slower growth. O’Neill will receive a $1.4 million salary, a target bonus of 200%, about $10 million in equity, plus one-time grants and a $2 million retention bonus, while interim co-CEOs Meghan Frank and André Maestrini remain in the short term. The appointment comes as investors weigh how the company can reset growth after missteps and a decline in market value; shares moved lower after the news.

via wwd.com|

#business #ceo #heidi-oneill

business1 month ago•8 min saved

lululemon appoints Heidi O’Neill as next CEO to drive global growth and product innovation

lululemon’s board unanimously named Heidi O’Neill as the next CEO, effective September 8, 2026, with interim co-CEOs Meghan Frank and André Maestrini stepping down from the role once she joins and resumes their prior positions; O’Neill brings three decades of experience including a long tenure at Nike and board roles with Spotify, Hyatt, and Lithia & Driveway, and will base in Vancouver as she aims to accelerate product breakthroughs, deepen brand relevance, and unlock global growth.

via Lululemon|

#brand-strategy #business #ceo-appointment

government1 month ago•1 min saved

Texas AG Probes Lululemon Over Forever Chemicals in Activewear

Texas Attorney General Ken Paxton issued a Civil Investigative Demand to Lululemon USA Inc. to determine whether the brand misled consumers about safety and whether its activewear contains PFAS or other “forever chemicals,” with scrutiny of the company’s restricted-substances list, testing protocols, and supply chain for compliance with safety standards.

via Office of the Attorney General (.gov)|

#civil-investigative-demand #forever-chemicals #government

business1 month ago•1 min saved

Texas probes Lululemon over potential PFAS in activewear

Texas Attorney General Ken Paxton has opened an investigation into whether Lululemon's athletic apparel contains PFAS, evaluating testing protocols, restricted-substances lists, and supply-chain practices against state safety standards. PFAS are linked to health risks, and Lululemon has not commented. The company has faced weak demand, a recent board change, a recall of the Get Low collection, and a proxy fight with its founder, while its stock has declined this year.

via CNBC|

#business #forever-chemicals #investigation

health1 month ago•50 min saved

Paxton targets Lululemon in PFAS inquiry over 'forever chemicals' in athletic wear

Texas Attorney General Ken Paxton opened a probe into Lululemon, seeking records on whether its athletic wear contains PFAS ('forever chemicals') and whether the company misled consumers about safety. Lululemon says it phased PFAS out in fiscal year 2023 and is cooperating with the inquiry, while Paxton reviews the brand's Restricted Substances List, testing protocols and supply chain. Paxton has previously pursued PFAS-related actions and state-level studies on the chemicals.

via Daily Mail|

#forever-chemicals #health #ken-paxton

business2 months ago•6 min saved

Chip Bergh Joins lululemon Board, Signals Strategic Refresh

Lululemon announced the appointment of Chip Bergh, former Levi Strauss & Co. CEO, to its Board of Directors as part of ongoing board refreshment. Bergh will stand for election at the 2026 annual meeting, replacing David Mussafer who will not seek re‑election. The company touts Bergh’s brand and retail leadership, notes that five independent directors have joined the board in the last five years, and emphasizes continued CEO succession planning and long‑term growth strategy. Bergh’s background includes 28 years at Procter & Gamble and board roles at HP Inc., e.l.f. Beauty, and Pinterest.

via Lululemon|

#board-of-directors #business #chip-bergh

business2 months ago•7 min saved

Lululemon Faces Boardroom Tug-of-War as Founder Challenges Directors

Lululemon is in a corporate power struggle as founder Chip Wilson battles the board while interim co-CEOs Meghan Frank and Andre Maestrini push a turnaround to revive a waning yoga-pants empire, pursuing faster product cycles, store upgrades, and diversification beyond yoga amid competition from Alo Yoga and Vuori, with Elliott Investment Management pressing for a new CEO and potential board changes.

via The New York Times|

#activist-investor #board-of-directors #business

business2 months ago•22 min saved

lululemon Delivers 2025 Revenue Growth, Highlights International Uptick

lululemon reported Q4 2025 net revenue of $3.64B and full-year revenue of $11.10B, with Q4 diluted EPS of $5.01 and full-year EPS of $13.26. International sales drove growth (+17% in Q4, +22% for the year) while Americas was modest or down. Gross margin and operating margin declined, and the company repurchased $269.1M in shares in Q4 and $1.2B for the full year, ending 2025 with $1.81B in cash and $1.70B in inventory. For 2026, lululemon guides net revenue of $11.35B–$11.50B and EPS of $12.10–$12.30, with ongoing emphasis on growth in international markets and improving full-price sales.

via Lululemon|

#business #earnings #fiscal-2025

business2 months ago•5 min saved

Lululemon Faces Soft 2026 Outlook Amid Tariffs and Governance Tensions

Lululemon beat Q4 estimates with EPS of $5.01 and revenue of $3.64B, but issued a weak 2026 outlook (revenue $11.35–11.50B; EPS $12.10–12.30, below consensus) as tariffs and higher costs pressure margins and governance issues weigh on the stock; Americas sales are expected to decline 1–3% in 2026 while China and other regions grow, and the company is adjusting promotions and adding Chip Bergh to the board after a proxy contest with founder Chip Wilson.

via CNBC|

#board-changes #business #earnings

business2 months ago•15 min saved

Lululemon Faces Growth Crossroads Ahead of Q4 Earnings

Before Lululemon's Q4 results after the market closes on March 17, analysts expect EPS of $4.78 on revenue of about $3.57 billion. The company has beaten earnings in the last 16 quarters, but the slowdown could be cyclical or structural as competition from Alo Yoga, Vuori, Athleta and Nike intensifies. International growth helped but remains a minority of revenue, and a beat may not be enough without durable growth. Options traders anticipate roughly a 10.5% post-earnings move, while the Street’s consensus is a Hold (1 Buy, 17 Holds) with a $202.87 target implying ~27% upside, signaling investors want clearer evidence of sustained momentum.

via TipRanks|

#business #earnings #lulu

business2 months ago•8 min saved

Three Global Brands Poised for a 20-Year Growth Run

The Motley Fool highlights MercadoLibre, Lululemon, and Costco as durable, long-term holdings with room to grow over the next 20 years, backed by Latin American fintech expansion, ongoing international brand expansion, and a value-driven membership model.

via The Motley Fool|

#business #costco #international-expansion