Saturday, June 15, 2013

Slow Saturday Special: Lululemon Will Make You Laugh

I must have lost my sense of humor....

"Stock slips but Lululemon jokes about CEO search" by Mae Anderson |  Associated Press, June 15, 2013

NEW YORK — If you can hold a headstand for 10 minutes, communicate in Sanskrit, and enjoy downing wheatgrass and tequila shots on Fridays for work-life balance, Lululemon Athletica Inc. has a job for you.

After a rocky few months, the company is seeking a new CEO. Lululemon has posted a joke-filled want ad that it says shows its ‘‘fun and irreverent’’ brand.

Lululemon posted a sign on its Facebook page reading ‘‘CEO Wanted, Apply Within.’’ A job listing on its website says, ‘‘You report to no one, you are the CEO (duh).’’ The company ‘‘love(s) that our stores and social media teams are not afraid to spark a conversation in our communities,’’ Lululemon said.

CEO Christine Day has said she will stay until a successor is named.

The Canadian company’s stock has slid 19 percent since it said Monday that its CEO plans to leave. In March, Lululemon suffered a public relations nightmare after it had to pull see-through yoga pants from shelves. The company is known for its $100 yoga pants.

--more--"

Related:

"Lululemon late last month pulled its Luon see-through pants from store shelves because the fabric was too sheer. On Wednesday the company said after evaluating its production issues, it found the problem stemmed from incomplete testing protocols combined with a style change in the pants pattern. Lululemon hired a new team, including senior-level positions in quality, raw materials, and production, to look into the problem and oversee production of the Luon pants, which cost $72 to $98. Luon pants are one of the retailer’s product staples and account for about 17 percent of all women’s pants in its stores. The company is offering customers full refunds or exchanges. Lululemon did not say when it expects Luon pants to be back on shelves."

What is that, some kind of joke?

Also see:

See-through pants problem causes Lululemon recall
Lululemon yoga pants recall reveals Lulu rage

Are you seeing through this guy?