|
Did anyone see the Lululemon see through yoga pants recall :D
Lululemon Athletica
Yoga-pants market Lululemon Athletica (LULU) has pulled black yoga pants off the shelves of its stores due to the sheer material being too revealing. The company's decision to pull the pants down from shelves and its website means there will be a temporary shortage of the popular pants. The company said it did not change the fabric or manufacturer for the pants and it talking to suppliers to figure out what happened. The company said about 17 percent of all pants in its stores are impacted by the issue. Shoppers who purchased the pants after March 1 can return them for a full refund or exchange. The company is also cutting its first-quarter revenue guidance to $333 million to $343 million, down from a prior range of $350 million to $355 million. Analysts had been anticipating $352.1 million.
TLDR: Lululemon drops see-through pants.
|