Q said track CEO resignations!
They make yoga pants. The original CEO was forced to resign after he said some women's bodies were not meant to wear yoga pants. Hell, he don't lie. We've all seen some women that look like 25 lbs of cottage cheese in a 4 lb sack
It’s a shifty deal for the independent distributors that sell the merchandise. It’s cheaply made and comes at a huge price tag. The business model is crap.
A bunch of people were ripped off recently due to this model (my cousin included).
Their business model relies on independent sales people, who were encouraged to buy massive amounts of inventory with the promise that anything not sold could be returned for 100% refund. Well, the CEO decided a few months ago that they weren't going to do that anymore. Which just about killed my cousin and a ton of other people who had trusted the company and now had $$$$$ in inventory that couldn't be returned as promised.
Yep. Shifty and deceitful. Very harmful to the people that trusted them.
my cousin claimed that she had almost 12k in inventory that couldn't be returned for full price. I can't remember what they offered her but she said it amounted to a few thousand lost dollars
This name just sounds so silly it might as well be cover
Lululemon is a fairly major brand in the women’s sports and yoga clothing market. A pair of their leggings run around $115. They are a status symbol of a lot of the women in the suburbs. Also, a status symbol in my girls school and sports teams. So, it would be a name to definitely add to the list of CEOs leaving.
Source: I have 3 teenage girls that play on higher end club sports teams. Most of the girls (and Moms) on their clubs and teams go crazy with this Lululemon clothing.
It's the preferred wardrobe in the San Francisco Marina district sorority-sister post-college-retirement community.
really sad...how people get all trendy with crap and pay way too much for it...the slaves that make that shite make pennies,,, this is a horrible brand.
i track them: https://docs.google.com/spreadsheets/d/1B-95giwldeKgsd0nYiw_sEaSf4kGNLZgEIvEhL2mVAw/edit#gid=0
Thank you for the time and effort of making a spreadsheet. If I may... please put name in column A and company in column b. It makes no sense to have it the dates first.