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Lululemon founder Wilson challenges board composition ahead of executive search

The Canadian athletic apparel brand Lululemon founder Dennis J. ‘Chip’ Wilson has issued an open letter to prospective candidates for the role of chief executive officer, warning of significant structural issues within the company board of directors. Wilson, who remains one of the largest shareholders of the firm, expressed concern that the...

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Business

Lululemon vs. Costco dupe lawsuit: Understanding the legal battle

Lululemon sued Costco over the sale of dupes. A dupe is a product that mimics a more expensive item's look and feel to capitalise on its reputation, without necessarily copying the brand name. This dispute is one of a series of recent altercations involving brands against private labels. These brands, which tend to have the strongest reputations...

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