Lululemon Criticises Chip Wilson, Sets Proxy Vote

11 hours ago 25

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The company rejected the overtures of founder Wilson to install new board members and set a shareholder vote for June.

A Lululemon sign and logo stand out from a colourful wall.

Lululemon's growth has slowed. (NurPhoto/Getty )

Lululemon Athletica Inc. rejected the overtures of founder Chip Wilson to install new board members, and the company set a shareholder vote for next month.

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