Lululemon Founder Chip Wilson Agrees to Back Off

Former Lululemon CEO and company founder Chip Wilson has struck a new deal with those currently running his stretchy pants empire: he's cutting his shares in half and selling them to Advent, a private equity company. In exchange, Wilson has promised not to fight the board over the direction they're taking the company… » 8/08/14 11:40am 8/08/14 11:40am

Lululemon Investors Blame Financial Woes on CEO's 'Dumpy' Body

Good to know that it isn't just Lululemon's customer base that's subject to snide fat-shaming and goofball body standards—it's also their leader! According to some intrepid New York Post reporting, multiple Lululemon shareholders are very concerned about CEO Laurent Potdevin's business acumen. And by that they mean… » 4/22/14 3:30pm 4/22/14 3:30pm

Founders of Lulelemon Say It's Your Body's Fault If Their Pants Pill

The cult of Lululemon took a hit earlier this year when they had to recall some of their pants because they were making people look far too naked on the streets. Since then, they've lost money and tried to find a new CEO, and last week, Business Insider reported that customers were complaining about the special… » 11/06/13 5:09pm 11/06/13 5:09pm

Lululemon Is Asking Customers To Bend Over To Prove Their Yoga Pants…

Lululemon aficionados say that the much-publicized recall of some of the company's black luon (a proprietary nylon/Lycra blend) yoga pants — which could cost the company $20 million in lost sales — is far from the only quality control issue Lululemon has recently been troubled with. The world of Lululemon blogs — yes,… » 3/23/13 4:00pm 3/23/13 4:00pm