Lululemon Founder Criticizes Company's Diversity and Inclusion Efforts
Despite Criticisms, Lululemon Sees Revenue Growth and Continues Commitment to Inclusivity
- Lululemon founder Chip Wilson criticizes the company's current leadership for its focus on diversity and inclusion, arguing that it's causing the brand to lose its identity.
- Wilson, who is no longer involved in the company but remains its largest shareholder, also criticizes Lululemon's expansion into men's clothing and its advertising campaigns.
- Lululemon responds to Wilson's comments by distancing itself from him and reiterating its commitment to diversity and inclusion.
- Despite Wilson's criticisms, Lululemon has seen significant revenue growth since expanding its size range in 2020.
- Marketing experts argue that Wilson's views on inclusivity are outdated and that good marketing makes the customer the hero, not the product.