Lululemon Exec Out: 'New Level Of Uncertainty' After Pants Fiasco

This is source I found from another site, main source you can find in last paragraph

Waterson has spent the last few months addressing consumer complaints about Lululemon products – that the clothing was too thin, that fabric colors were bleeding, that certain styles were disappearing.

But customers really became inflamed in March, when the company pulled back its popular yoga pants – a move projected to cost Lululemon $57 million to $67 million in lost revenue.

Lululemon said Waterson is leaving the company “in conjunction with a reorganization of our product organization.”

"We appreciate the many contributions that Sheree made during her time with Lululemon, particularly in the area of design," said Chief Executive Christine Day in a statement.

Waterson has been with the company since 2008.

Also this week, Lululemon offered an update on its investigation into its signature luon fabric, which was used in the recalled pants.

The Vancouver company said it concluded that the current specifications and testing protocols for the fabric, first developed in 2006, “have not materially changed.”

Although the fabric involved met testing standards, the batch “was on the low end of Lululemon’s tolerance scale,” the company said.

The testing protocols used were “incomplete for some of the variables in fabric characteristics,” the company said. Lululemon said it now has new quality checks in place and is assessing all luon products in its pipeline, with employees stationed in factories.

The company has said it expects the recall to tamp down sales in its current fiscal quarter.

ALSO:

As Lululemon recalls too-sheer black yoga pants, its stock sinks

Full-figured Swedish mannequins go viral, spark body-image debate

'Pantsgate' to hurt Lululemon profit; customers told to 'bend over'?

This is source I found from another site, main source you can find in last paragraph

Source : http://articles.latimes.com/2013/apr/04/business/la-fi-mo-lululemon-waterson-rbc-20130404

denote

line

Lululemon exec out: 'New level of uncertainty' after pants fiasco
What CEOs Can Learn From Lululemon's Fiasco
7 companies hurt by bad publicity
BP's Shock Waves
TOO HOT HANDLE
Gold stocks push Toronto stock market modestly higher amid Fed concerns
Lululemon black yoga pants return after 'sheergate'
See-through yoga pants fixed
Today in business: 5 things you need to know
Closing Bell: Gold stocks push Toronto stock market modestly higher amid Fed concerns