background preloader

Lululemon CEO Fiasco

Facebook Twitter

What Happened. Lululemon Founder Chip Wilson Blames Women's Bodies for Yoga Pant Problems. Lululemon. Lululemon founder Chip Wilson’s 5 most controversial quotes. Lululemon Athletica would not have gotten its start or become the powerhouse brand it is today without the vision and design savvy of its founder and exiting chairman, Chip Wilson.

Lululemon founder Chip Wilson’s 5 most controversial quotes

But the Vancouver resident and meditation aficionado has never been afraid to share his opinions, a trait which has drawn him into an above average number of corporate PR snafus. Here are five of his most controversial comments over the years: “Frankly some women’s bodies just actually don’t work for [wearing Lululemon pants]… it’s really about the rubbing through the thighs, how much pressure is there over a period of time, how much they use it,” – Wilson’s response, when asked by a Bloomberg TV reporter about consumer complaints related to “pilling” fabric in the yoga pants“Mediocrity is doing an ‘okay job,’ having a relationship that ‘works,’ being just ‘a little’ overweight, or having a job that ‘pays the bills.’ … Most people live in a state of mediocrity.

Outrageous Remarks By Lululemon Founder Chip Wilson. Lululemon Lululemon founder Chip Wilson is stepping down as chairman after a tumultuous tenure that has led to a series of unfortunate headlines for the company.

Outrageous Remarks By Lululemon Founder Chip Wilson

It's part of a larger management shakeup at the athletic retailer, which includes the announcement of a new CEO, Laurent Potdevin, who most recently led Tom's. Reactions to Chip Wilson. Articles. Photos du journal - Vancouver Is Awesome. Chip Wilson Can Kiss My Fat Yoga Ass: A Lululemon Ambassador Speaks Out. I was leading a yoga teacher training when I heard the news. Lululemon founder, Chip Wilson had said that "Frankly, some women's bodies just don't actually work [for Lululemon yoga pants]. It's about the rubbing through the thighs and how much pressure is there. " In the room with me that day were two lovely employees of Lululemon who looked incredibly embarrassed at the comment and gave a weak smile to the rest of the class... who were all women.

They looked at me for a response, and I said the first thing that came to mind: "Chip Wilson can kiss my fat yoga ass. " As a former two-time ambassador to Lululemon, I had been proud to wear the clothing and felt supported by the company who asked me to teach on the occasional Saturday to yoga-hungry shoppers. So what the hell happened? Over the years, I've witnessed some strange things within the company. I gathered up all my Lululemon one day and gave it to some underpaid front desk workers at my home yoga studio in New York. Bingo. Chip Wilson, Lululemon Founder: ‘Some Women's Bodies' Not Right For Our Pants. If your thighs rub together, Lululemon’s pants may not be for you.

Canada’s 10th-richest man and the founder of Lululemon, Chip Wilson, says if your yoga pants are too sheer or pilling, the problem may be your body. Asked during an interview on Bloomberg TV what was behind Lululemon’s problems with yoga pants that become see-through or pill, Wilson admitted that the company “made a mistake” in its design, but the problem has to do with the women wearing the pants. “The thing is that women will wear seatbelts that don’t work [with the pants], or they’ll wear a purse that doesn’t work, or quite frankly some women’s bodies just actually don’t work for it.” “So, more likely that they’ll be see-through on some women than others?” Compared to Abercrombie & Fitch CEO. A&F stands by controversial CEO while Lululemon's chairman resigns - Report. Main international markets closed lower Tuesday, with the S&P 500 losing its Monday record of 1,808.37.

A&F stands by controversial CEO while Lululemon's chairman resigns - Report

Asian benchmark indexes Nikkei 225 and Hong Kong's Hang Seng ended down as well as top European indexes. Meanwile, Abercrombie & Fitch Co has not paid attention to analysts criticism against Mike Jeffries and confirm him in the top position. The controversial CEO will keep is position at least for another year after his current contract expires in February. The renewal of Jeffries´contract comes just one week after activist investor Engaged Capital, which owns 1 percent of the retailer, wrote a public letter urging Abercrombie to let Jeffries go. Engaged Capital considers Jeffries the direct responsible for seven straight quarters of same-store sales declines. "Investors have endured poor performance due to poor leadership," wrote Engaged founder Glenn W.

It´s noteworthy that the company's stock is down 25 percent this year, shredding 77 cents to a 34.10 dollars close on Monday. Abercrombie And Fitch's Semi-Apology Didn't Go Over Too Well (PHOTOS) Abercrombie and Fitch CEO Mike Jeffries issued what we'd describe as a semi-apology on Thursday for once saying that he doesn't want "fat" or "not so cool" kids wearing his company's clothes.

Abercrombie And Fitch's Semi-Apology Didn't Go Over Too Well (PHOTOS)

It didn't go over very well, but before we explain all that, let's go through the entire episode in a bit more detail. The Original Offense In 2006, Jeffries -- the guy below -- said in an interview with Salon that his brand is "absolutely" "exclusionary" and only "want[s] to market to cool, good-looking people. " "Those companies that are in trouble are trying to target everybody: young, old, fat, skinny. Videos. Lululemon Founder Enrages Women Everywhere. Lululemon yoga pants uproar. Lululemon Hates Fat People Too. Lululemon Shuns Plus-Size Shoppers. Trisha Paytas, Of Course LuLuLemon Hates Fat People! Lululemon Chairmen, Chip Wilson's Apology Called Worst Ever.

Lululemon Founder Insults Women. Chip Wilson Can Kiss My Fat Yoga A** Follow Up: Join the Drop Lulu Drive, Give Up #lulu for Good! Twitter Reactions. 1. 2. 3. 4. 5. 6. 7. 8. 9. Chip Wilson Steps Down, New CEO Chosen. Videos. Lululemon's Chip Wilson Resigns & Why It Might Not Matter. Lululemon founder Chip Wilson to resign as company names new CEO. BT Vancouver: Lululemon's Chip Resigns. Articles. Lululemon co-founder steps down in wake of 'women's bodies' remark. Chip Wilson Resigns: Lululemon Chairman To Step Down After String Of Controversies (VIDEO) Chip Wilson is out, Laurent Potdevin is in at Lululemon.

Chip Wilson Resigns: Lululemon Chairman To Step Down After String Of Controversies (VIDEO)

Potdevin, who most recently served as president of TOMS shoes, has been named as the company’s new chief executive officer – filling a position previously held by Christine Day, who announced she was stepping down in June. CEO Predictions for General Motors, Lululemon, and Abercrombie & Fitch. CEOs generally fall into three categories -- founders, insiders, and outsiders.

CEO Predictions for General Motors, Lululemon, and Abercrombie & Fitch

Founders can be successful thanks to their intimate vision for the company's future, or they can outstay their welcome and become liabilities rather than assets. Insiders are employees who rise through the ranks of a company through decades of hard work. Outsiders are often brought it when a company needs to completely shift gears to halt a decline. Chip Wilson Resigning From Lululemon Position After Angering A Whole Lot Of People. Lululemon chairman and co-founder Chip Wilson is stepping down, The Globe and Mail reported Monday night. According to a Lululemon Athletica press release, Wilson announced his resignation from the position of non-executive chairman. Michael Casey, lead director of the board, will replace Wilson.

The company also announced that Laurent Potdevin, current president of TOMS Shoes, will become Lululemon's chief executive officer, succeeding CEO Christine Day. According to The Wall Street Journal, Lululemon claims the search for a new CEO was "unrelated" to Wilson's resignation. The athletic apparel company has faced increased scrutiny over the past few months.

Lululemon's New CEO Will Put Embarrassments in the Rearview. With the resignation of chairman and founder Chip Wilson and the appointment of Laurent Potdevin as its new CEO, embattled athletic apparel company Lululemon (LULU) hopes to restore some shine to its once pristine reputation in the yoga community.

Lululemon's New CEO Will Put Embarrassments in the Rearview

In March a problem with Lululemon’s trademark Luon fabric made its yoga pants see through. The problem led to a massive recall and the eventual resignation CEO Christine Day. Lululemon-founder-chip-wilson-resigns-one-month-after-controversial-comments-1. CTVNews.ca Staff Published Tuesday, December 10, 2013 4:14AM EST Last Updated Tuesday, December 10, 2013 3:39PM EST Chip Wilson, the Vancouver billionaire founder of Lululemon Athletica who sparked customer outrage last month when he suggested that the retailer's popular yoga pants aren't appropriate for women without a thigh gap, is resigning as chairman of the board.

lululemon-founder-chip-wilson-resigns-one-month-after-controversial-comments-1

Michael Casey, lead director of the board will take his place once Wilson steps down next year, the company said in a statement on Tuesday. The upscale yoga chain also named Laurent Potdevin as chief executive officer. "After a thorough search, Laurent emerged as the natural choice to lead our continued grown and global expansion," Casey said. Twitter Reactions. 3. 2. 1. Reactions to the New CEO. Twitter Reactions. 1. 2. Articles. Laurent Potdevin Is Lululemon's New CEO. Founder Dennis Wilson Leaves. Lululemon (LULU) is finally balancing its corporate chakras.

Laurent Potdevin Is Lululemon's New CEO. Founder Dennis Wilson Leaves

Outspoken and occasionally toxic founder Dennis “Chip” Wilson is relinquishing the chairman’s seat and the company has found a replacement for Chief Executive Officer Christine Day, who was in charge during the transparent-pants fiasco. Laurent Potdevin, formerly president of Toms Shoes and manager of LVMH Moet Hennessy Louis Vuitton (MC:FP), steps into the corner office in January. (We assume the yoga-gear maker didn’t find Potdevin via its very public call for online applications, but you never know.)

Michael Casey, lead director of the board and formerly chief financial officer of Starbucks (SBUX), will become chairman. Meet Laurent Potdevin: Lululemon's new CEO. FORTUNE -- Laurent Potdevin wakes up at six in the morning, tapping his alarm clock and slowly making his way down a sleek wood hallway toward the stairwell.

Meet Laurent Potdevin: Lululemon's new CEO

He approaches each step with a TOMS-adorned foot, passing a collection of Burton snowboarding gear before entering his kitchen, where his refrigerator is adorned with various pictures of him on the slopes and him smiling with children who appear to be from developing countries. Lululemon Hires CEO From Toms Shoes As Billionaire Founder Chip Wilson Resigns. Chip Wilson Now. Charity will exchange seed money for good fundraising ideas.

Although Chip Wilson is no longer chairman of Lululemon, that could be a good thing for one of his other ventures, imagine1day. The charity, which builds schools and funds education in Ethiopia, is about to spread some dollars — and education — around North America with the launch of The Accelerator Fund, a new venture inviting people to pitch their dream philanthropic project to a Dragons’ Den-style panel of advisers. The winning projects will receive seed money — from $5,000 to $20,000 — and the strategic guidance of hand-picked mentors to help turn their bright ideas into projects that will raise money for imagine1day. Participants will walk away with a raft of new contacts and a template of how to turn a dream into an actionable plan.

“The Accelerator Fund is going to be a combination of funding and advisory to the people that bring forward the ideas,” said Sapna Dayal, executive director of imagine1day. Part of the process is making it fun. All you need is an idea. Chip-wilson-confirms-new-vancouver. Chip Wilson. Billioniare Scorecard: Richest Walton Up $1.6 Billion, Zuckerberg Down $4.2 Billion. Videos. Chip Wilson's 40,000 Days and Then You're Dead - On the lululemon Manifesto.

Lululemon Now. Videos. Lululemon spring 2014 sneak peek. Does Lululemon's CEO Laurent Potdevin need to do yoga himself? By Daily Mail Reporter Published: 16:56 GMT, 23 April 2014 | Updated: 17:00 GMT, 23 April 2014. Lululemon No Longer Wears The Pants In The Yoga Pants Business. Lululemon and CEO not in great shape. Lululemon posts earnings of 75 cents vs. 72 cents estimate. "While the guide down was widely expected ... we're not sure that it will, or should, provide investors with much relief as Lulu has a lot going on this year, and the stock is not cheap based on the new guidance," wrote Faye Landes, an analyst at Cowen and Co. The company forecast first-quarter profit of 31 cents to 33 cents per share on revenue of $377 million to $382 million and flat total combined comparable store sales. Analysts, on average, had estimated first-quarter profit of 38 cents per share on revenue of $389.4 million, according to Thomson Reuters I/B/E/S.

Twitter Reactions. Running is my ohmmm. Great Workout!