Dec 30, 2025 • The Globe and Mail
SOMEWHAT-BEARISH
Lululemon reacts to Wilson’s proxy fight as company founder clarifies his stake
Lululemon Athletica Inc. (LULU-Q) is assuring its senior leadership that its current strategy remains unchanged following a proxy bid from founder Chip Wilson. Wilson, a major shareholder, has nominated three new directors to the board and insisted that the next CEO appointment should occur only after significant board changes, criticizing the lack of clear succession planning. The company's CFO, Meghan Frank, stated in a letter to senior leaders that "Chip’s comments do not change our priorities or focus" and urged employees to remain focused on their daily roles.
Dec 30, 2025 • ts2.tech
NEUTRAL
Lululemon stock slips today as founder Chip Wilson launches proxy fight over board shake-up
Lululemon's stock slipped after founder Chip Wilson initiated a proxy fight to reshape the board amidst a CEO transition and declining share value. Wilson nominated three new board members and proposes declassifying the board, while the company plans to review the nominations ahead of its 2026 annual meeting. This challenge follows a significant drop in Lululemon's stock value in 2025 and increased activist pressure.
Dec 30, 2025 • Benzinga
SOMEWHAT-BULLISH
Under Armour Stock Surges After Large Insider Purchase
Under Armour (NYSE: UAA) (NYSE: UA) shares surged after SEC filings revealed Fairfax Financial Holdings significantly increased its stake, purchasing 15.68 million shares between December 22 and December 29. This large insider purchase by a 10%-plus insider with board representation, made near the stock's 52-week low, is perceived as a strong vote of confidence and a potential catalyst for strategic changes. Fairfax's aggressive buying suggests belief in Under Armour's turnaround plan, despite recent negative medium- to long-term momentum trends.
Dec 30, 2025 • AM 800
NEUTRAL
Lululemon tells employees it's 'business as usual' as founder challenges board
Lululemon has informed its employees that it's "business as usual" despite ongoing challenges from its founder to the company's board. The company aims to maintain stability and focus amidst internal disputes.
Dec 30, 2025 • CityNews Halifax
NEUTRAL
Lululemon tells employees it’s ‘business as usual’ as founder challenges board
Lululemon Athletica Inc. has assured its employees that it's "business as usual" despite founder Chip Wilson's proxy challenge to the board. Wilson nominated three director candidates, citing a lack of visionary leadership and a failed succession plan following the CEO's resignation announcement. The company, however, stated its confidence in its current board and strategic direction, acknowledging complex market dynamics that have seen its share price drop significantly.
Dec 30, 2025 • Castanet
NEUTRAL
Lululemon tells employees it's 'business as usual' as founder challenges board
Lululemon Athletica Inc. is reassuring employees it's "business as usual" even as founder Chip Wilson challenges the company's board by nominating three director candidates. Wilson expressed a lack of faith in the existing board and its "visionary creative leadership," especially after the CEO's announced departure without a clear succession plan. Lululemon's leadership, however, stands firm, emphasizing confidence in the company's direction despite market complexities and a drop in North American revenue.