Lululemon To Replace CEO
LINDA WERTHEIMER, HOST:
NPR's business news starts with a shakeup.
Lululemon announced yesterday that chief executive Christine Day will step down once a replacement is found. This comes after an embarrassing year for the company, which makes fashionable yoga-wear. This spring, it was forced to recall excessively see-through pants. The company says the recall could cost up to $40 million. Transcript provided by NPR, Copyright NPR.