Lululemon pauses online sales of new workout line ‘Get Low' after ‘see-through' complaints

Core Viewpoint - Lululemon Athletica has paused online sales of its new "Get Low" workout line due to customer complaints regarding product quality, specifically issues with leggings being "see-through" during use, while still maintaining availability in physical stores [1][3]. Group 1: Product Issues - The company is temporarily halting online sales to better understand initial customer feedback and enhance product education [1]. - Complaints on social media highlighted that the leggings from the new line are problematic when bending or squatting, leading to accessibility issues on the website [3]. - This is not the first instance of product development challenges, as Lululemon previously had to withdraw its "Breezethrough" leggings shortly after launch due to similar customer complaints [8]. Group 2: Management and Market Challenges - Lululemon is facing multiple challenges, including a proxy fight initiated by founder Chip Wilson, who has nominated three independent directors to the board [4][7]. - The company is also under pressure from Elliott Management, which acquired a stake of approximately $1 billion in December and is involved in discussions regarding potential CEO candidates [5]. - Despite these challenges, Lululemon anticipates that its fourth-quarter revenue and profit will be at the high end of previous forecasts, driven by strong holiday season demand [7]. Group 3: Stock Performance - Lululemon's shares experienced a decline of about 5% during afternoon trading, reflecting broader market trends [5].