Lululemon Founder Outraged Over See-Through Leggings: 'A New Low'

Lululemon Athletica, Inc. (NASDAQ:LULU) founder Chip Wilson has launched an attack on the company's board of directors, labeling recent quality control issues with the brand's product lines as a “new low” for the yoga-wear giant.

LULU stock is sliding. See the chart and price action here. 

In a viral LinkedIn post, Wilson, who stepped down from the company years ago but remains its largest individual shareholder, did not hold back. 

He pointed directly to the board's management as the root cause of what he describes as see-through leggings and declining product standards, specifically citing ...