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Athletic apparel company, Lululemon, is facing backlash after founder and former CEO, Chip Wilson's recent comments that "certain customers" should be discouraged from shopping at its stores.
Lululemon’s billionaire founder Chip Wilson blasted the company for prioritising diversity and inclusivity efforts over exclusivity. In an interview with Forbes, the 68-year-old former ...
“They don’t work for some women’s bodies,” he told Bloomberg Television's Street Smart in 2013, before stepping down as the firm’s CEO and then leaving the board entirely in 2015.
He sold Westbeach in 1997 and founded Lululemon Athletica in 1998. [10] [11] Wilson was CEO of Lululemon until 2005, when he sold a 48% stake to private equity firms Advent International [12] and Highland Capital Partners. [13] In 2007, an IPO was offered by Lululemon Athletica Inc. on Canadian and US exchanges. [14]
Lululemon was founded in 1998 by Chip Wilson in Vancouver, British Columbia with its first standalone store opening in November 2000. [5] [6] In 1997, Wilson had been doing yoga and had an idea to make yoga apparel for women using a proprietary skintight fabric he developed to enhance their appearance. [7]
Lululemon’s controversial founder is back with criticisms about its diversity and inclusion efforts — and the athleticwear company is distancing itself from his comments.
Wilson founded Lululemon in 1998 and stepped down as CEO in 2013, but still owns the majority of the company’s shares, ... Wilson has made similarly controversial statements in the past, ...
After the company’s founder shared negative comments on “diversity and inclusion,” Lululemon’s Lunar New Year ad featuring Michelle Yeoh is facing criticism online. ... the controversial ...