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FTI Consulting represents Lululemon Athletica founder Chip Wilson, who has launched a proxy fight at the athletic apparel retailer.
The owner of a nine percent stake in Luluemon has nominated three directors to the company’s board.
They are former ESPN CMO Laura Gentile, ex-Activision CEO Eric Hirshberg, and one-time On Running co-CEO Marc Maurer.
Wilson, who stepped down as Lululemon CEO in 2005, believes his director-candidates possess “visionary creative leadership” that Lululemon’s current board lacks.
“They can play an essential role in refocusing on the inspirational customer, revitalizing its bold vision, attracting the best people, and maximizing value for all shareholders," he said.
Lululemon reported a seven percent rise in Q3 revenues to $2.6B and a 13 percent dip in earnings to $306M.
The company announced on Dec. 11 that CEO Calvin McDonald will step down at the end of January.
FTI Consulting’s Pat Tucker and Val Mack represent Wilson.
BGR Group represents Noble Supply and Logistics as it files for Chapter 11 due to a change in its weapons support contract with the Defense Logistics Agency.
C Street Advisory Group is handling the Chapter 11 filing of LIV Golf following the move by Saudi Arabia’s Public Investment Fund to pull the financial plug on the League. (Updated)
Teneo handles Bamboo Insurance Services as the Midvale, UT-based marketer of homeowner policies files a Form S-1 statement with the SEC for an initial public offering.
FTI Consulting handles West Marine as the nation’s leading retailer of marine parts and accessories for boating, fishing and sailing enthusiasts emerges from Chapter 11 bankruptcy.
Throughline Global Advisors represents Principal Mineral as it acquires Conductive Group, manufacturer of advanced materials for the aerospace, telecommunications and electronics sectors.
