Elliott Management Buys $1 Billion Lululemon Stake
elliott Management Takes Stake in Lululemon, Eyes Potential CEO Change
– Updated December 18, 2025, at 7:33 a.m. ET
Activist Investor’s Move
Activist investor Elliott Management has acquired a meaningful stake in Lululemon Athletica and is reportedly considering a new CEO to revitalize the company, according to a report published Wednesday night.
Elliott’s investment is valued at over $1 billion, positioning the firm as one of Lululemon’s largest shareholders. Lululemon currently has a market capitalization of approximately $25.3 billion, as reported by The Wall street Journal.