Lululemon’s Founder Picks a Fight With the Board. The Stock Could End Up Winning.
1. Chip Wilson critiques Lululemon's board and considers an activist campaign. 2. LULU shares have fallen over 40% in the past year. 3. Wilson claims the board is abandoning innovation for financial projections. 4. Analysts see potential short-term boosts if Wilson pursues changes. 5. Wilson owns 9% of LULU, sufficient to influence a proxy fight.