RL Ralph Lauren Corp Class A

Short interest in Guess?, Inc. (NYSE:GES) significantly decreased by 20.4% as of December 15th, totaling 3,745,563 shares. This represents approximately 10.8% of the stock sold short, with a short-interest ratio of 6.4 days. The company recently reported strong quarterly earnings, beating estimates, and pays a quarterly dividend annualizing to $0.90, offering a 5.4% yield.

Lululemon founder Chip Wilson, a significant independent shareholder, has nominated three new directors to the board, including former executives from ESPN and Activision. This move comes as the company searches for a new CEO following Calvin McDonald's departure and aims to bring "visionary creative leadership" back to the athleisure brand. Wilson believes this board shakeup is essential to restore shareholder confidence and reignite Lululemon's growth and innovation, a sentiment reportedly supported by Elliott Investment Management.

Lululemon Athletica Inc. (LULU) shares surged 14.5% in the last month, outperforming the industry and broader market, fueled by strong Q3 fiscal 2025 results and an improved fiscal outlook. The company's international growth, particularly in China, and a detailed plan to reinvigorate its U.S. business are key drivers. Despite some headwinds like North American softness and margin pressures, a long-term hold is suggested due to strong financial health and strategic potential.

Lululemon founder Chip Wilson has nominated three candidates to the company's board, citing a lack of "visionary creative leadership" and seeking changes in strategy. This move comes as current CEO Calvin McDonald is set to step down and activist investor Elliott Management is also pushing for new leadership. Wilson believes new, independent directors should lead the CEO search.

Lululemon Athletica, Inc. founder Chip Wilson is initiating a proxy fight to appoint three new independent directors to the company's Board, including the former co-CEO of On Holding, a former CMO of ESPN, and a former CEO of Activision. Wilson also proposes declassifying the Board so all directors are elected annually, emphasizing the need for visionary leadership due to what he perceives as a lack of board oversight and a failing succession plan for the outgoing CEO, Calvin McDonald. This move follows activist investor Elliott Management's stake acquisition and their intent to push their own CEO candidate.

Lululemon founder Chip Wilson has launched a proxy fight to instigate leadership changes and a new strategy at the athletic apparel company. He has nominated three director candidates, citing discontent with the board's oversight following the previous CEO's departure and the company's financial performance. This move coincides with activist investor Elliott Management also pushing for its own preferred CEO candidate, Jane Nielsen.