The company filed its definitive proxy statement with the SEC on Monday ahead of June 25’s Annual Meeting, urging shareholders to vote for its director slate as it faces Chip Wilson’s proxy challenge over three seats. LULU also reiterated its concerns over the motives behind its founder’s campaign, leading Wilson to issue a response later in the afternoon.

In support of its director slate—Chip Bergh, Esi Eggleston Bracey, and Teri List—LULU highlighted its 18% CAGR over the past decade and the ongoing strategic review since FY 2024’s North American slump. Wilson’s proxy ... Log in to view full article.