Lululemon Ends Proxy Battle with Founder Chip Wilson – New Directors Join the Board
Lululemon settles dispute with founder Chip Wilson, adds new board members, and aims to refocus on growth and stability.
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Abercrombie & Fitch Beats Profit Estimates with Record Q1 Sales Despite Middle East Headwinds
Abercrombie sales hit $1.1B, up 2%. Profits down but beat expectations. Asia grew strong, outlook steady, shares rose 4%.
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