Lululemon’s shares spike on CEO’s resignation — as founder warns of potential proxy battle

Lululemon Athletica's shares spiked Friday after the company’s CEO Calvin McDonald announced his resignation amid declining US sales, with its founder putting the board on notice about a potential proxy battle.

Lululemon’s shares spike on CEO’s resignation — as founder warns of potential proxy battle
Lululemon Athletica's shares spiked Friday after the company’s CEO Calvin McDonald announced his resignation amid declining US sales, with its founder putting the board on notice about a potential proxy battle.

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