Chip Wilson has been under intense scrutiny since the company’s see-through-pants scandal in early 2013.
That would be almost 8.5 million pairs of $100 yoga pants.
The brand modified its “I Will” motto for women to “I Will What I Want.” Under Armour has hired at least four women to VP roles and higher since 2012, though none serve on its board or executive team yet.
The brand, which reported soaring sales today, is about to commence its biggest yet ad campaign for the women’s side of its business.
Lululemon now has 31 design patents and is taking action against rivals who infringe on its styles.
Corporate boards will typically tolerate a founder’s eccentricities, and even bad behavior, as long as the business is performing well. But as performance declines, so too does tolerance.
The once-golden yoga-wear company is quickly losing its shine on Wall Street.
Chip Wilson, Lululemon’s founder who stepped down as its chairman in December, warned against reelecting two board members, including his successor. Awkward!
Apple remains top of the heap in terms of sales per square foot, followed by Murphy USA, Tiffany & Co. and Michael Kors, according to new data from eMarketer.
Outlets are a growing, lucrative, and somewhat deceptive place for retailers to hawk an entirely new line of lower-quality goods. Do consumers know what they’re buying?
Companies like Nike will benefit while sellers of candy and processed food like Hershey will face trouble, the investment bank says.
Plus 8 hilarious women on TV who are criminally underrated, 50 books that will make you a better person, and a formerly deaf man listens to music for the first time in his life.
Lululemon said Laurent Potdevin, most recently the president of Toms, will be its new CEO starting in January 2014. It also said controversial founder Chip Wilson will relinquish his role as non-executive chairman but will remain on the retailer’s board.
From Apple jumping in the fray to Abercrombie renaming it “Hot Friday,” you might be surprised.
Rent-free spinning cube in the middle of NYC’s Astor Square? Sign. Me. Up. UPDATE: Yeah, it’s definitely a stunt by lululemon founder Chip Wilson.
A YouTube video of a writer living in New York City’s Astor Place cube has been garnering attention. It was made by Whil, a venture started by Lululemon founder Chip Wilson and wife Shannon Wilson.
Jerry Stritzke is already on Lululemon’s board of directors and Coach just said today that he’s leaving as chief operating officer.
Here’s what you can buy at a random sample of 13 publicly traded companies for the price of one of their shares.
The company went to court to shut down more than 50 websites selling fake Lululemon apparel, though it’s still a mystery who’s behind them.
Since March, the yoga-wear company has been hit with a series of setbacks. For the first time ever, it is being forced to confront hard questions about its performance and future.
High-end yoga-wear maker Lululemon is advertising for a new CEO. Apply online if you have Bill Clinton and Oprah Winfrey on speed dial.
Lululemon shocked Wall Street for the second time in four months with the surprise announcement that Chief Executive Christine Day would be leaving the company.
The most enthusiastic Lululemon customers have developed their own language for speaking about the brands products, fits, and more.
Christine Day plans to leave the expensive yoga-wear maker after more than 5 years as its chief executive officer. The move follows a major recall of yoga pants for being too sheer.
They care about their customers’ embarrassment in yoga class. You can’t say that about many companies, much less people.