Lululemon executive to step down this month

04/3/2013 | Wall Street Journal, The

Lululemon Athletica's chief product officer, Sheree Waterson, will leave the Canadian yoga wear retailer effective April 15, weeks after the company announced that a line of its yoga pants was being pulled from stores because they were overly sheer. The company also said it has implemented new quality control procedures and will station Lululemon employees in factories to monitor and test products earlier in the process.

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