meanwhile, the gap and its athleta brand are challenging lululemon on price, selling similar clothing cheaper and opening competing stores near lululemon locations. athleta yoga pants sell for around $70 per pair. lululemon pants sell for around $100.
the temporary departure of pants from stores will make certain styles of lululemon pants even harder to buy. ceo christine day, who has led the canadian company since 2008, has used a strategy of purposefully keeping inventory low on certain items in order to drive demand and allow the store to keep the prices high.
"our guest knows that there's a limited supply, and it creates these fanatical shoppers," day told the wall street journal in an interview last year.
update: after the story was published lululemon responded to a request for comment by the huffington post. a spokeswoman for the brand said recalled pants will be recycled.
- apple maps apple ceo tim cook issued an apology friday for the company's new maps app. cook directed users to other map apps in the apple store or websites like google or nokia until apple's version is fixed.
- bank of america debit card fee bank of america announced last year that it was planning to charge customers a $5 fee to use their debit cards. after an intense customer backlash, the company dropped the plan.
- new coke in 1985 coca-cola decided to mess with its iconic product, according to nbcnews.com. the result: epic failure. with customers comparing the change to trampling the american flag, the company pulled the product after just a few months.
- crystal pepsi pepsi launched a clear version of its cola drink in 1993, but the product didn't last long. the company pulled it from the shelves in 1994, according to investorplace.com.
- lawn darts lawn darts, everyone's favorite 1980s backyard game, turned out to be pretty dangerous. the consumer product safety commission recalled the toys in december 1988 after many were injured and three people died sending the steel darts through the air, according to popular mechanics.
- ford edsel in 1957, ford launched the edsel, a car the company billed as hot and revolutionary, according to the washington post. problem: it turned out to be sort of "blah." by the time the company pulled the car in 1959, it had lost about $250 million.
- window's vista when it debuted in january, 2007, microsoft's newest operating system was slammed by consumers. as a result, businesses and personal computer users were slow to adopt it, according to spike.
- the arch deluxe mcdonald's launched a luxury burger geared towards the adult set in 1996 with a $100 million advertising campaign, according to the new york times. but the mature hamburger was ultimately a flop.
- apple newton in 1993, apple launched the pda device, a precursor to the palm pilot, according to dailyfinance, but it turned out to be a bust, thanks to its high price and bulkiness. the company pulled the newton in 1998.
- sony betamax
sony poured 20
years of research into its betamax videocassette recorder, but was
ultimately beat out by the competition, according to the los angeles
times. matsushita developed the vhs system, which became more popular among
companies making the devices -- and companies making films -- rendering the
betamax obsolete.
- qwickster in september of last year, neflix announced that it would be separating its online streaming service from its dvd service and calling the dvd branch "qwickster." the proposal turned out to be such an epic fail that the company scrapped the experiment last november before it even launched.
- clairol's "touch of yogurt" shampoo when clairol came out with its yogurt-based shampoo in 1979, they thought it would be a success, thanks to widespread interest in the test marketing phase. but it turned out to be a flop; customers apparently don't want to put food in their hair.
- blackberry playbook blackberry launched its playbook without apps for email, contacts or any of the other things people use tablets for. the result: the company slashed prices on the device as the holidays approached.
- hd dvd toshiba's hd dvd experiment ended up being trounced by sony's blu-ray player as studios and customers opted for the latter.
- the yugo the car deemed by many to be one of the worst vehicles ever exported to the u.s. was met with widespread criticism when it landed on american shores in 1986. available for just $3,990, the car did terribly in crash tests, according to cbs news.
- nike black and tan sneakers
nike launched a sneaker (not pictured) in the lead up to st. patrick's day
that offended some irish people. the shoe called "black and tan"
shares its name with a british paramilitary unit that attacked irish
civilians in the 1920s.
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