News Flash! Lululemon CEO Christine Day To Step Down

June 10, 2013 • Breaking News, Fashion Blog

Christine Day

Christine Day.

Can’t say this really comes as much surprise, yet it sorta does. Canadian yoga clothing company Lululemon‘s embattled CEO, Christine Day plans to step down and no successor has been named. In fact, the company is on the hunt for a new one.

The company infamously made headlines earlier this year for its see-through pants debacle and then Chief Product Officer Sheree Waterson was given her walking papers. Day has worked as CEO for Lululemon for more than five years and will remain until her successor is named.

Following the news Lululemon’s shares dropped about 9 percent in after-hours trading.

Source: Yahoo News

Image: Financial Post

 

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