5 things to know before the market opens Monday

This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Monday. My half marathon in Brooklyn over the weekend ended on Coney Island, and all the signage for hot dogs reminded me of a not-so-fun fact: Frankfurters are over 10% costlier than a year ago. Stock futures are lower this morning….

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Lululemon proxy war with Chip Wilson goes public, sets annual meeting

Lululemon is showing its teeth.  The Vancouver-based athleticwear company is taking its battle with activist founder Chip Wilson public, writing in a letter to shareholders on Monday he has “outdated perspectives” and “troubling conflicts of interest” that will derail its turnaround plan, materials reviewed by CNBC show.  The letter, Lululemon’s first major public response to…

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