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Chip Wilson’s Lululemon War & A Saks Global Shake-Up

A potpourri of fashion intel: Why Lululemon founder and former C.E.O. Chip Wilson decided to go nuclear against the company’s current management team; the surprising departure of Saks Global’s president and chief commercial officer; and how Estée Lauder Cos.’ fragrance bets are paying off.

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Chip Wilson
Wilson claims Lululemon panicked after a bad season or two of design, brought in M.B.A. types to “Gapify” the business, and is now facing rapidly declining cultural relevance, which makes it difficult to hire top talent and regain its cool. Photo: Taehoon Kim/Bloomberg/Getty Images
Lauren Sherman
&
Rachel Strugatz
October 30, 2025

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Line Sheet, the ultimate fashion industry bible, offers daily intel from Lauren Sherman, Rachel Strugatz, and Sarah Shapiro on every aspect of the business and its biggest players. (Sign up here to get it in your inbox.) Here’s the latest you need to know:

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