Yogawear maker lululemon athletica inc. (LULU, LLL.TO) said Wednesday that its Chief Product Officer Sheree Waterson will be leaving the company, effective April 15.
Ms. Waterson oined lululemon in 2008 and has over 25 years of consumer and retail industry experience.
Last month, Canada-based lululemon announced the recall of its signature black Luon fabric yoga pants and crops from stores, showrooms and online website due to fabric quality issues. The company also lowered its revenue and comparable-store sales guidance for the first quarter after the recall.
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