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How Lululemon's Board Handled the Diversity Crisis
In 2024, Lululemon's board faced a different kind of crisis: not a product recall or a market crash, but a reputational storm over founder Chip Wilson's comments about diversity and inclusion. This episode drills into how the board navigated the fallout, the strategic decisions they made to protect the brand's inclusive image, and the broader lesson for any company whose identity is tied to a founder's personality. We look at the board's response timeline, the role of the CEO and new leadership, and how they balanced brand integrity with accountability. A case study…
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