Overview
- Lululemon halted online sales of the new "Get Low" leggings after customer complaints about sheerness, while the line remains available in stores.
- Founder Chip Wilson called the episode a "total operational failure" and blamed the board’s lack of product expertise in a LinkedIn post.
- The company is searching for a new chief executive as Calvin McDonald prepares to step down at the end of January.
- Elliott Investment Management has amassed a stake of more than $1 billion and has been pushing changes tied to retail executive Jane Nielsen.
- The controversy echoes past missteps, including the 2024 withdrawal of the Breezethrough line and a 2013 recall over see-through leggings.