Summary
Lululemon is dealing with customer complaints about their leggings being see-through, which has led to issues with investor confidence and a drop in the company's share price. This is not the first time Lululemon has faced similar complaints, and the company is currently searching for a new CEO.
Key Facts
- Lululemon Athletica is facing customer complaints about leggings being see-through.
- The latest complaints focus on the Heart Scatter pants.
- Lululemon's share price dropped as news of the issue spread.
- The company’s stock has fallen 56% over the past year.
- Lululemon is searching for a new CEO, as Calvin McDonald will step down.
- Founder Chip Wilson criticized the company in the past for similar issues.
- Wilson's past comments about leggings caused significant backlash.
- Some company officials suggested customers might be wearing the wrong size.
