LULULEMON-- P/E : 9.9 , ROE 35% , FOUNDER REJOINS BOARD
Lululemon struck a cooperation agreement with founder Dennis “Chip” Wilson, who owns about 8.7% of outstanding common stock.
Laura Gentile, former ESPN chief marketing officer, will join the board following the 2026 annual meeting.
Marc Maurer, former co-CEO of On, will also join the board following the 2026 annual meeting.
The company plans to add another director with apparel product and brand expertise by Oct. 1, 2026.
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Modify on 2026-05-27 22:08
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- SPOT_ON·05-27 22:27TOPWilson said the appointees, alongside strategic changes already made, "reflect meaningful progress toward restoring the company's product-first vision and unlocking tremendous value for shareholders."1Report
- SPOT_ON·05-27 22:28Wilson said the appointees, alongside strategic changes already made, "reflect meaningful progress toward restoring the company's product-first vision and unlocking tremendous value for shareholders."LikeReport
- SPOT_ON·05-27 22:21Great article, would you like to share it?LikeReport
- SPOT_ON·05-27 22:12Great article, would you like to share it?1Report
