A clash between Lululemon Athletica Inc. and its estranged founder will come to a head at the retailer’s annual general meeting.
Regulatory filings the Vancouver-based retailer made this week put forward a slate of new board nominees, while Chip Wilson, the man who built the athleisure brand, is pitching his own trio.
Lululemon told shareholders to vote “only” for its nominees — former Levi’s CEO Chip Bergh, ex-Unilever executive Esi Eggleston Bracey and one-time Gap chief financial officer Teri List — and to ignore Wilson’s group.
The company said its nominees are worthy of votes because they have “the strong executive leadership background, board experience, and extensive expertise spanning
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