lululemon athletica inc.’s problem isn’t just that a batch of its black Yoga Pants were made too sheer and had to be recalled – the popular retailer is now downgrading its financial predictions and watching its stock do a downward dog.
the vancouver, b.c., company said late monday that it pulled the women’s pants from its stores and e-commerce sites over the weekend after learning that the material was too revealing. the luon fabric is produced in vietnam and taiwan and made with a mix of nylon and lycra spandex fibers.
in a lengthy faq posted on its website, the chain said it was still investigating how a batch of too-skimpy pants was allowed to reach stores in early march. lululemon hasn’t changed its manufacturers or ingredient quality since 2004, it said.
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