Lululemon

lululemon is a Nasdaq-traded company where the passive index funds Vanguard and Fidelity hold larger stakes than founder Chip Wilson, who left day-to-day operations more than a decade ago and only regained a board voice through a 2026 shareholder proxy fight. Its supply chain carries a documented forced-labor-cotton exposure risk and runs a major Bangladesh factory outside the industry's binding safety accord, even as its own audit program earned outside accreditation in 2024. Revenue ultimately answers to public shareholders and the company's own board, not to the founder whose name is still on the brand's origin story.