Chip Wilson, the controversial co-founder and chairman of Lululemon, has resigned from his position. Laurent Potdevin, recently the president of TOMS Shoes, was announced as the new chief executive.

This is certainly not the first time Wilson has raised eyebrows — from extolling the benefits of child labor, to saying that his company's name is a marketing tool in Japan because "it's funny to watch them try and say it," the man has been speaking without a filter for years. His departure comes after his apology last month for saying that his company's yoga pants "don't work for some women’s bodies."

Analyst Sam Poser, who downgraded the company's stock last month, wrote then that "the core Lululemon customer has been alienated and will begin to look for yoga and active-wear pants from the likes of Nike, Under Armour, Athleta and numerous other brands."

Related Content

User Comments – Give us your opinion!
Products & Services

Olea Milan Kiosk

http://global.networldalliance.com/new/images/products/6015.png

6015/Olea-Milan-Kiosk

Bill Payment KIOSKS

http://global.networldalliance.com/new/images/products/4673.png

4673/Bill-Payment-KIOSKS

LG 84WS70MS-B

http://global.networldalliance.com/new/images/products/6417.png

6417/LG-84WS70MS-B

Synapze Loyalty and Engagement Engine

http://global.networldalliance.com/new/images/products/7021.png

7021/Synapze-Loyalty-and-Engagement-Engine

LG 42WS50BS-B

http://global.networldalliance.com/new/images/products/6443.png

6443/LG-42WS50BS-B

Digital Signage & Kiosk Software - Nanopoint

http://global.networldalliance.com/new/images/products/2259.png

2259/Digital-Signage-Kiosk-Software-Nanopoint

LG 47LN541C

http://global.networldalliance.com/new/images/products/6439.png

6439/LG-47LN541C

SoloHealth Station® Kiosk

http://global.networldalliance.com/new/images/products/5687.png

5687/SoloHealth-Station-Kiosk

Cisco Digital Media Suite for Digital Signage, Business IPTV, …

http://global.networldalliance.com/new/images/products/digitalSignageInAction100.gif

2980/Cisco-Digital-Media-Suite-for-Digital-Signage-Business-IPTV-Webcasting-and-Video-Sharing

Slabb C7E Transactional Kiosk

http://global.networldalliance.com/new/images/products/6705.png

6705/Slabb-C7E-Transactional-Kiosk

CONNECT 2014 Mobile Innovation Summit
Request Information From Suppliers
Save time looking for suppliers. Complete this form to submit a Request for Information to our entire network of partners.