Contact us to Add Your Business

"Chip Wilson, who founded upscale yoga apparel retailer Lululemon Athletica Inc., will resign as chairman next year, the company said while also announcing that it had found a replacement for its outgoing chief executive.

Laurent Potdevin, president of Santa Monica shoe company Toms and a former CEO of Burton Snowboards, will take over from Lululemon Chief Executive Christine Day in January. Potdevin will also become a Lululemon board member.

Day had stayed on with the company to help find her successor after announcing plans in June to step down.

Swapping out Wilson was a more unexpected move."* The Young Turks hosts Cenk Uygur and Ana Kasparian break it down.

*Read more here from Tiffany Hsu / LA Times:

Download audio and video of the full two hour show on-demand + the members-only post game show by becoming a member at . Your membership supports the day to day operations and is vital for our continued success and growth.

Join The Young Turks Network mailing list

or Support The Young Turks by Subscribing

Like Us on Facebook:
Follow Us on Twitter:

Support TYT for FREE by doing your Amazon shopping through this link (bookmark it!)

Buy TYT Merch:

Click Here to Add Your Business

The post Yoga Pants Tycoon Ousted After Controversial Remarks appeared first on Clothing.To.