Lululemon To Replace CEO

Jun 11, 2013
Originally published on June 11, 2013 6:01 am
Copyright 2018 NPR. To see more, visit http://www.npr.org/.

LINDA WERTHEIMER, HOST:

NPR's business news starts with a shakeup.

Lululemon announced yesterday that chief executive Christine Day will step down once a replacement is found. This comes after an embarrassing year for the company, which makes fashionable yoga-wear. This spring, it was forced to recall excessively see-through pants. The company says the recall could cost up to $40 million. Transcript provided by NPR, Copyright NPR.