No Result
View All Result
China Secrets Revealed
  • Economy
  • Editor’s Pick
  • Investing
  • News
  • Stock
  • Economy
  • Editor’s Pick
  • Investing
  • News
  • Stock
No Result
View All Result
China Secrets Revealed
No Result
View All Result
Home Economy

Lululemon founder slams company’s ‘whole diversity and inclusion thing’

by
January 6, 2024
in Economy
0
Lululemon founder slams company’s ‘whole diversity and inclusion thing’

Lululemon founder and former CEO Chip Wilson criticized the company’s recent moves to expand its product line to a wider market.

In a new interview with Forbes, Wilson, who launched the yogawear-maker in 1998 in Vancouver, British Columbia, criticized what he referred to as the company’s “whole diversity and inclusion thing.”

Wilson also called out company ads for featuring people who he said appear “unhealthy,” “sickly” and “not inspirational.”

“They’re trying to become like the Gap, everything to everybody,” Wilson said. “And I think the definition of a brand is that you’re not everything to everybody… You’ve got to be clear that you don’t want certain customers coming in.”

Lululemon has issued a statement distancing itself from Wilson, who has not been involved in the company’s daily operation for years.

“Chip Wilson does not speak for Lululemon, and his comments do not reflect our company views or beliefs,” the fitness brand said. “Chip has not been involved with the company since his resignation from the board in 2015 and we are a very different company today.”

Wilson stepped down as Lululemon chairman in 2013 amid controversial remarks regarding birth control and his support of libertarian philosopher Ayn Rand. He also said what motivated a scandal around the company’s see-through pants that year was that “some women’s bodies just actually don’t work for it.”

Wilson’s remarks do not appear to have affected Lululemon’s stock price, which, at nearly $500 a share, currently sits at an all-time high. Wilson remains the company’s largest single shareholder, with holdings worth more than $4 billion, according to Securities and Exchange Commission data.

This post appeared first on NBC NEWS
Previous Post

Starbucks will accept reusable cups for drive-thru and mobile orders

Next Post

TGI Fridays to close 36 ‘underperforming’ locations across the U.S.

Next Post
TGI Fridays to close 36 ‘underperforming’ locations across the U.S.

TGI Fridays to close 36 ‘underperforming’ locations across the U.S.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Get the daily email that makes reading the news actually enjoyable. Stay informed and entertained, for free.
Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!
  • Trending
  • Comments
  • Latest
Pope Francis-era deal with Chinese Communist Party again under scrutiny as Pope Leo takes the reins

Pope Francis-era deal with Chinese Communist Party again under scrutiny as Pope Leo takes the reins

0
TD Cowen downgrades Molson Coors, lowers price target to $58: Is it time to exit?

TD Cowen downgrades Molson Coors, lowers price target to $58: Is it time to exit?

0
Google’s antitrust ruling draws parallels to Microsoft’s 25-year-old case: Here’s how

Google’s antitrust ruling draws parallels to Microsoft’s 25-year-old case: Here’s how

0
In 2023, Colorado Lawmakers Pushed Back on Cops Practicing Pain Medicine Based on Flawed CDC Guideline

In 2023, Colorado Lawmakers Pushed Back on Cops Practicing Pain Medicine Based on Flawed CDC Guideline

0
Pope Francis-era deal with Chinese Communist Party again under scrutiny as Pope Leo takes the reins

Pope Francis-era deal with Chinese Communist Party again under scrutiny as Pope Leo takes the reins

May 9, 2025
Trump’s tax hike proposal is ‘déjà vu’ of George H. W. Bush’s ‘read my lips’ moment, experts say

Trump’s tax hike proposal is ‘déjà vu’ of George H. W. Bush’s ‘read my lips’ moment, experts say

May 9, 2025
Friday Feature: MCP Academy

Friday Feature: MCP Academy

May 9, 2025
Trump pushes tax hikes for wealthy as ‘big, beautiful bill’ deadline looms

Trump pushes tax hikes for wealthy as ‘big, beautiful bill’ deadline looms

May 9, 2025

Recent News

Pope Francis-era deal with Chinese Communist Party again under scrutiny as Pope Leo takes the reins

Pope Francis-era deal with Chinese Communist Party again under scrutiny as Pope Leo takes the reins

May 9, 2025
Trump’s tax hike proposal is ‘déjà vu’ of George H. W. Bush’s ‘read my lips’ moment, experts say

Trump’s tax hike proposal is ‘déjà vu’ of George H. W. Bush’s ‘read my lips’ moment, experts say

May 9, 2025
Friday Feature: MCP Academy

Friday Feature: MCP Academy

May 9, 2025
Trump pushes tax hikes for wealthy as ‘big, beautiful bill’ deadline looms

Trump pushes tax hikes for wealthy as ‘big, beautiful bill’ deadline looms

May 9, 2025

Disclaimer: ChinaSecretsRevealed.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2024 ChinaSecretsRevealed. All Rights Reserved.

No Result
View All Result
  • Economy
  • Editor’s Pick
  • Investing
  • News
  • Stock

Copyright © 2024 ChinaSecretsRevealed. All Rights Reserved.