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Lululemon CEO Christine Day to step down after sheer-pants scandal
Lululemon CEO Christine Day to step down after sheer-pants scandal

Lululemon Athletica Inc.’s black yoga pants may have made a comeback after being recalled for being too sheer, but the same can’t be said for the company’s chief executive, Christine Day. Five and a half years after taking over the helm at the Vancouver, Canada, yoga wear brand, Day will step down once a replacement is found, Lululemon said in a statement Monday. Board members formed a search committee to find Day’s successor but decided to announce her departure to ensure “a healthy transition period,” the company said.   The so-called Pantsgate scandal, in which Lululemon pulled all of its black yoga bottoms in March after deeming the luon fabric to be too thin, claimed Chief Product...

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