Lululemon closes in on deal to end bitter founder feud
Culture Index
Score Breakdown
Relevance
3/25
Freshness
25/25
Authority
18/20
Brand Signal
3/15
Depth
10/15
5-Axis Cultural Radar
Lululemon is reportedly closing in on a settlement with founder Chip Wilson that could bring an end to one of the year’s most high-profile retail proxy battles. The activewear giant is discussing a deal that would give Wilson two board seats in exchange for a pledge not to criticise the business publicly or privately for...
