Lululemon’s Chip Wilson is giving the company a severe case of ‘post-founder syndrome’

Lululemon founder Chip Wilson continues to actively criticize the company’s current leadership and strategy, a situation dubbed “post-founder syndrome.” Despite leaving the board in 2015, Wilson has used various platforms to voice his disapproval, including a proxy war and open letters, arguing that the company has lost its innovative edge. His actions come as Lululemon’s U.S. sales have declined, and its shares have fallen significantly from their all-time high, leading to the broader perception that the brand is “adrift.”