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Yoga pants giant Lululemon's new CEO inherits US$1. 8b war chest to revive brand after bitter feud
2+ day, 16+ hour ago (630+ words) NEW YORK, May 28 " Hard-hit Lululemon Athletica has ended a months-long proxy fight with founder Chip Wilson that weighed on its shares amid weakening brand appeal. Shares in the sports apparel brand tumbled nearly 60 per cent in the past year and…...
Symbols: nasdaq:lulu
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