Lululemon news and archive

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...

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Lululemon founder Chip Wilson seeks board reform amid shareholder value concerns

Chip Wilson, the founder and a significant shareholder of Canadian athletic apparel company Lululemon, has launched a public campaign to reform the company board of directors. In a letter addressed to shareholders on February 27, 2026, Wilson expressed dissatisfaction with the current strategic oversight and the performance of the brand, citing...

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In Pictures: Official team uniforms for the Milano Cortina 2026 Winter Olympics

The 2026 Winter Olympics in Milano Cortina are approaching, and fashion houses are presenting the first official team uniforms. Traditionally, these collections serve as a strategic branding moment for brands, combining national identity, heritage and performance. The games begin February 6. Team Canada dressed in Lululemon Team Canada x...

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Lululemon responds to founder Chip Wilson’s proxy challenge amid global CEO search

Lululemon Athletica Inc. has formally addressed a notice from its founder, Chip Wilson, regarding his intent to nominate three director candidates for election at the company’s 2026 annual meeting of shareholders. The announcement marks a significant escalation in tensions between the athleisure giant and its founder, who has been publicly...

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Lululemon founder nominates three board members as leadership remains in limbo

Chip Wilson, the founder of Lululemon Athletica, has nominated three executives for the Canadian activewear brand’s board of directors as the company’s leadership remains at a crossroads. Among the nominees, each of whom will stand for election at Lululemon’s 2026 Annual Meeting of Shareholders, Wilson has put forth Marc Maurer, the former...

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Lululemon: Activist investor reportedly secures one billion dollar stake

An activist investor is believed to have snapped up a stake worth over one billion dollars in Canadian athleisure brand Lululemon. According to sources for Reuters, Elliott Investment Management has been working with former Ralph Lauren executive Jane Nielsen as it circles the currently unoccupied helm position. FashionUnited has contacted...

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Lululemon prepares to launch into six new markets for 2026

Canadian athleisure giant Lululemon has confirmed plans to expand into six new markets in the new year as part of a franchise partnership model that responds to growing demand. Making up what is set to become a “record” year in market rollouts, the company is due to enter Greece, Austria, Poland, Hungary and Romania through a new partnership...

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Lululemon needs infusion of new skills, says founder

Chip Wilson, Founder of Lululemon Athletica, and one of its largest shareholders, stated that the board's praise for Calvin McDonald, a CEO who has overseen massive value destruction over the past two years, shows blatant disregard for shareholders. He also noted that this latest failure only amplifies the urgency the company faces and the...