The Ticker

Lululemon founder to sell big stake

Lululemon Athletica founder Dennis "Chip" Wilson will sell half his stake in the company as part of a truce that averts a potentially messy battle at the maker of yoga apparel and other exercise gear.

Under the deal announced yesterday, Boston-based investment firm Advent International, a major investor in Lululemon before selling its stake in the company in 2009, will pay Wilson $845 million for 20.1 million shares. That will whittle Wilson's stake in Lululemon from nearly 28 percent to just under 14 percent.

Study: N.E. spends more on basics

New Englanders spent more on food, health care, gas to run their cars and electricity to heat and cool their homes in 2012 than most other Americans, according to statistics released yesterday by the federal government showing that spending has rebounded since the recession ended in 2009.

Spending per individual in the six New England states ranged from a low of $36,974 in Rhode Island, which has been hobbled by persistently high unemployment, to $47,308 in Massachusetts.

FRIDAY

 Labor Department releases second-quarter productivity data.

THE SHUFFLE

Liaison International, a Wakefield company that provides admissions management solutions, announced it has named Meghan VanSpriell as vice president of marketing. VanSpriell comes to Liaison with broad experience in higher education and technology.

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