UPDATE: On Dec. 9, 2013, lululemon announced that founder Chip Wilson will step down as board chairman before an annual meeting in June 2014. Laurent Potdevin, formerly president of TOMS, will become CEO, replacing retiring chief Christine Day. Wilson's board chairmanship will be given to senior board director Michael Casey. According to Bloomberg, some felt Wilson's ongoing role in the company had hampered the CEO search. "Chip was viewed as a liability," analyst Anna Andreeva told the news service, "and I think that turned off a couple of potential CEO hires."
Original item here:
If you're one of the many women who seem to be having problems with lululemon yoga pants, the brand's founder has a question for you: Have you considered blaming your thighs?
"Frankly, some women’s bodies just don’t actually work for it," Chip Wilson told Bloomberg Television during a discussion of the company's patented and problematic material, luon.
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