Lululemon Recalls Unintentionally See-Through Pants

by Nate Wooley | March 19, 2013 9:20 am

Lululemon Recalls Unintentionally See-Through Pants

lululemon store 630 300x199 Lululemon Recalls Unintentionally See Through Pants[1]Clothing store Lululemon (NASDAQ:LULU[2]) is recalling a huge amount of its yoga pants that become see-through when worn.

The store also said that it expects the recall — which covers about 17% of the pants it sells — to significantly impact its bottom line, reports CNN[3]. LULU said it will lower its sales growth forecast from 11% to 5%-8% for stores open more than a year.

The stretchy pants become overly see-through when worn, despite having no apparent change in material or manufacturing. In a statement, the company said, “The ingredients, weight and longevity qualities of the pants remain the same, but the coverage does not, resulting in a level of sheerness in some of our women’s black Luon bottoms that falls short of our very high standards.”

The company also said customers can expect a shortage of the pants until the problem is fixed and new garments are produced and distributed.

LULU shares were down 5% in premarket trading Tuesday.

More stories about recalls:

Endnotes:
  1. [Image]: http://investorplace.com/wp-content/uploads/2011/08/lululemon_store_630.jpg
  2. LULU: http://studio-5.financialcontent.com/investplace/quote?Symbol=LULU
  3. reports CNN: http://money.cnn.com/2013/03/19/news/companies/lululemon-pants/
  4. Warning: Cat Food Recall in 25 States: http://investorplace.com/2013/03/warning-cat-food-recall-in-25-states/
  5. Anemia Drug Recalled After Patient Deaths: http://investorplace.com/2013/02/anemia-drug-recalled-after-patient-deaths/
  6. 38,000 Pounds of Sausage Recalled: http://investorplace.com/2013/02/38000-pounds-of-sausage-recalled/

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