2025–2026
2025–2026 governance battle with Lululemon: proxy campaign, mutual accusations and final agreement
Wilson renewed his public offensive against Lululemon's board and management, nominated his own directors and launched a proxy campaign. The company responded by describing some of his views as "outdated", raising conflicts of interest and revealing, among other things, that he had advised competitors. In May 2026, the parties avoided a contested vote by reaching an agreement: two of his nominees would join the board, and a third director specialising in products and branding would be added.
- State of the evidence
- Documented
- Attribution
- Directly implicated
Sources · 3
- [1]ReutersLululemon says talks with founder collapsed, calls perspectives outdatedMediaVery high reliability
- [2]
- [3]The Canadian Press / CityNewsLululemon reaches agreement with founder to appoint some board nomineesMediaHigh reliability
Last verified: 4 September 2026