Lululemon Founder Hires Goldman As He Considers Shake-up: Report
The Future is Binary © According to the Wall Street Journal, Dennis Wilson, the founder of Lululemon Athletica, has hired Goldman Sachs as he seeks a shake-up of the board of directors and may consider options including a proxy fight or joining a private equity firm in a buyout. The company’s shares dropped sharply last week after it cut financial forecasts and warned that second-quarter sales were weak. Goldman declined to comment.
[grabpress_video guid=”6739e17b2715d15e0e7c6a411486635416f60b39″]Thanks for checking us out. Please take a look at the rest of our videos and articles.
To stay in the loop, bookmark our homepage.