Lululemon proxy war with Chip Wilson goes public, sets annual meeting

Lululemon is showing its teeth.  The Vancouver-based athleticwear company is taking its battle with activist founder Chip Wilson public, writing in a letter to shareholders on Monday he has “outdated perspectives” and “troubling conflicts of interest” that will derail its turnaround plan, materials reviewed by CNBC show.  The letter, Lululemon’s first major public response to…

Read More

Stoxx 600, FTSE, DAX, Iran latest, UK news,

U.S. President Donald Trump sits at a table monitoring military operations during Operation Epic Fury against Iran, with U.S. flags visible behind him, in Washington, United States, on March 2, 2026. The White House via X | Anadolu | Getty Images LONDON — European stocks started the new trading week in negative territory on Monday…

Read More