News Column

Lululemon Recalls See-through Yoga Pants

March 19, 2013

Cheryl K. Chumley

Lululemon Athletica, an exercise clothing manufacturer, was on target for an 11 percent sales growth this year. And then the bottom fell out -- figuratively speaking.

The company was forced to recall 17 percent of its women's black yoga pants after discovering the cloth was too see-through. Now they're facing a gain of 8 percent at most, CNN reports. In terms of dollars and cents, that means projected sales have fallen from $350 million to $333 million nearly overnight.

"The ingredients, weight and longevity qualities of the pants remain the same, but the coverage does not, resulting in a level of sheerness in some of our women's black Luon bottoms that falls short of our very high standards," a Lululemon spokesperson said in a written statement.

Regardless, the financial hit is likely only temporary. The company's stock has grown by 1,800 percent within the past four years, CNN reports.



Source: (c)2013 The Washington Times (Washington, DC) Distributed by MCT Information Services


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