lululemon's Billionaire Founder Slams Company, Saying it Has 'Lost its Way'

lululemon founder Chip Wilson is not happy with how the apparel company is being run these days and wants everyone to know it. Wilson, who stepped down as chair of the board in 2013 amid a series of controversies and resigned from the board completely last year, remains the company’s largest individual shareholder. In an open letter to investors published on Wednesday, the billionaire lambasted lululemon and called for change.