Lululemon defends current board


Lululemon (LULU -2.2%) responds to founder Chip Wilson's appeal to turn over the board at the retailer.

A statement from the company makes the contention that the current board is aligned with the core values that Lululemon was founded on.

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Comments (2)
  • ispank
    , contributor
    Comments (1121) | Send Message
     
    This is the reason for LULU tanking this morning!. Oh well big men are angry dumping LULU, it'll bounce back soon or later.
    11 Jun 2014, 12:42 PM Reply Like
  • jeepnsam
    , contributor
    Comments (54) | Send Message
     
    sounds like the $LULU turnaround plan is going in the wrong direction.
    Not touching this thing until it's below $40
    11 Jun 2014, 12:50 PM Reply Like
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