Chip Wilson

Canadian licensed producer of GMP-grade psilocybin Optimi Health Corp. (OTCQX: OPTHF) closed a non-brokered private placement of 5,692,308 Optimi units at $0.236 each, for gross proceeds of $1.346.245 with Wilson Capital, the private equity division at Chip Wilson’s family office, and...

Chip Wilson, Lululemon Athletica inc. (NASDAQ: LULU)'s founder who no longer sits on the board, paid for bus shelter ads in February that encouraged Lululemon to acquire rival Under Armour Inc (NYSE: UAA). "Lululemon's business model is to have no debt and $1 billion in the bank to be...

Lululemon Athletica inc. (NASDAQ: LULU) has been crushed ever since the company released its second-quarter results in September, with shares down over 25 percent. The athletic apparel favorite experienced a good run up in the beginning of the year, banking on the “athleisure trend,”...

Lululemon Athletica inc. (NASDAQ: LULU) said in a form 8-K filing dated August 3 that its longest-standing member of its Board of Directors, Rhoda Pitcher, resigned from her position to "pursue other opportunities." Lululemon added in its filing the resignation is "not due to any...

After reporting financial results below expectations, the diversified electronics maker Koninklijke Philips NV (NYSE: PHG), announced Healthcare CEO Deborah DiSanzo has left the company. The vacancy means CEO Frans van Houten with have to temporarily lead the healthcare business, as management...

U.S. stocks rose ahead of the long weekend after the economy added a better-than-expected 288,000 jobs in June. The unemployment rate also dipped to 6.1 percent. The Fed's Janet Yellen confirmed its views that ti will not raise its interest rates on Wednesday at an International Monetary...

U.S. stocks were slightly lower as positive housing data proved to be not enough to boost the Dow's winning streak to eight days. The National Association of Realtors reported that previously-owned home sale posted strong growth in May compared to April. U.S. Secretary of State John Kerry...

U.S. stocks appeared to run out of momentum, at least for the time being, after the the World Bank cut its global growth outlook. Citing a bitter winter in the U.S., a weaker outlook from emerging markets such as Russia and China, the World Bank expects the global economy to grow 2.8 percent...

While there are signs the economy is picking up, 2014 is already projected to be a difficult year for many of the nation's retailers – who are already dealing with strong competition from their online business rivals, as well as continuing consumer uneasiness about the future. Here are seven...

After a months long search which included a quirky job ad on its main webpage, Lululemon (NASDAQ: LULU) has announced it has hired a new CEO. Laurent Potdevin will replace outgoing CEO Christine Day in January 2014. Potdevin is a current President at TOMS and brings to the table years of...

In March, Lululemon Athletica (NASDAQ: LULU) recalled 17 percent of bottoms for being too sheer. The Vancouver-based company was recently attacked by customers complaining about the quality of the $100 pants. In an interview hosted by Bloomberg's Trish Regan, Founder Chip Wilson addressed...