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Lululemon Calls Truce With Founder Chip Wilson After Stock Collapse, Leggings Quality Implosion
Lululemon Calls Truce With Founder Chip Wilson After Stock Collapse, Leggings Quality Implosion
Lululemon has settled its proxy fight with founder Chip Wilson, ending one of the year's top proxy battles, according to Reuters. This follows a fiery letter to shareholders from Wilson earlier this year, calling for activism, as the athletic apparel retailer has seen its shares collapse, lost market share in the leggings market, and become entangled in multiple see-through leggings quality-control issues with customers.
Reuters first reported Tuesday evening that Lululemon and Wilson were nearing a settlement that...
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May 15, 2026 / Tyler Durden
We're Living In The Age Of Consequences
We're Living In The Age Of Consequences
Authored by Chris Macintosh via InternationalMan.com,
Lookie here…
The United Arab Emirates recently announced it would quit OPEC after nearly six decades, striking a major blow to the oil cartel and to Saudi Arabia, its unofficial leader.
Let’s be clear, the UAE didn’t leave OPEC. They were bought out. You may recall that this event was preceded by two major developments that tell the actual story. The first was the shutting of the Strait of Hormuz (SoH). This bled UAE finances and continues to do so....
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Sep 29, 2026 / Tyler Durden
US Home Prices Are Rising At Their Fastest Pace In Over A Year, But...
US Home Prices Are Rising At Their Fastest Pace In Over A Year, But...
Amid soaring mortgage rates, new home prices falling rapidly, and collapsing homebuilder confidence, US home prices in America's 20 largest cities rose for the fourth straight month in July (according to the latest - admittedly lagged - data from S&P Cotality Case-Shiller).
The 20-City Composite index rose 0.32% MoM (far stronger than the 0.2% MoM rise expected) in July. That is the strongest monthly rise since Dec 2025 and lifted the annual home price appreciation to its...
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Oct 6, 2026 / Tyler Durden
Trump Outrages Dems & Republicans Alike With Garbled 'Take Out Los Angeles' Line
Trump Outrages Dems & Republicans Alike With Garbled 'Take Out Los Angeles' Line
President Trump addressed a full house for his Monday night midterm campaign rally in Grand Island, Nebraska - but his comments on the Iran war, gas prices, and musings about a nuclear weapon taking out American cities created an avalanche of controversy.
Making the case for his launching Operation Epic Fury, Trump at one point in the speech said, "They could take out a city," and then: "Let 'em take out Los Angeles. Let 'em take out San...
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