A prominent American yoga-inspired athletic apparel retailer has announced to pull out its popular black pants from its stores following complaints that they were see-through.
“The ingredients,weight and longevity qualities of the women’s black luon bottoms remain the same but the coverage does not,resulting in a level of sheerness in some of our women’s black luon bottoms that fall short of our very high standards,” according to a statement yesterday released by Lululemon Athletica Inc.
Lululemon shares fell 6.5 per cent in after hours trading after the announcement.
As a result of the pull-out of the bottoms from its store shelves and website because of apparent quality issues in the material,a shortage of the pants is expected in the market,the statement said.
The company said that because of the shortage it expected its first-quarter same-store sales to fall between 5-8 per cent,down from a previous estimate of 11 per cent.
It expected revenue in the range of USD 333-343 million,down from a previous range of USD 350-355 million,the statement said,adding that it was still working to determine the impact of the problem on its first-quarter earnings.
Lululemon said the company first began to understand the extent of the issue on March 11 as part of its weekly call with store managers. Some of its store managers expressed concern over the sheerness of some of its women’s black bottoms made of luon,a mix of nylon and lycra manufactured in Vietnam and Taiwan.
The items affected,approximately 17 per cent of all women’s bottoms in the stores,are “certain styles concentrated in our tighter fitting silhouettes in women’s black luon bottoms”.
“Over the past weekend,we pulled all of the affected black luon women’s bottoms from our stores,showrooms and e-commerce site and are working with our supplier to replace the fabric and our other manufacturers to replace these key items as quickly as possible,” the statement said.