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Lululemon restructures raw materials team, lays off 7 people
The company said the move brings work closer to vendor partners as it rebalances roles worldwide and supports product design after recent merchandise missteps.
Summary by Retail Dive
4 Articles
4 Articles
Lululemon Athletica (NASDAQ: LULU) Restructures Fabric Team Following String Of Product Quality Failures
Lululemon Athletica Inc (NASDAQ: LULU) has reorganized its fabric development team and eliminated seven roles following a series of high-profile product quality failures that damaged consumer confidence. The Vancouver-based athletic apparel retailer made the structural changes in August, shifting certain raw material capabilities closer to vendor partners in key international manufacturing hubs. Company job postings […]
Lululemon, known as the 'Chanel of leggings' and a leader in the premium athleisure market, is developing fabric amidst successive product quality controversies.
Coverage Details
Total News Sources4
Leaning Left1Leaning Right1Center1Last UpdatedBias Distribution34% Left, 33% Center, 33% Right
Bias Distribution
- 34% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
34% Left
L 34%
C 33%
R 33%
Factuality
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