Lululemon Founder Believes in 'Jewish Standard Time' and Also 'Coconut Time'
LatestNow that he’s no longer with Lululemon, ex-CEO Chip Wilson is deep into the business of his new store, Kit and Ace. Still, he can’t help being critical of his old company. In a New York Times interview, the sage womenswear guru criticizes the brand’s new business model, saying it’s no longer “a woman’s company.”
For the Times profile published on Tuesday, writer Katherine Rosman tagged along with Wilson for a company breakfast in Soho and a tour of retail spots. In it, we learn that he believes in “Jewish Standard Time” (when you have a soft arrival for cocktails) and “coconut time” (for people in Miami) and will attempt to embarrass you at length—as he tried to with Rosman—if you show up 15 minutes late.
We also learn that he still considers Lululemon a star in the market and that he likes square tables. Rosman describes Chip as “an imposing figure, 6 feet 2 inches tall, with a large head shaved bald and the scruff of a beard,” as well as “friendly and open.”
While speaking about his old venture, Wilson tells Rosman that Lululemon “has turned from being a woman’s company to being a man’s company,” adding that, “It didn’t follow through on building a pipeline of women. We got a lot of women who were older, and they didn’t develop women under them. I think they were trying to protect their jobs.”
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