[Updated] 'Pantsgate' to hurt Lululemon profit; customers told to 'bend over'?

Yogawear retailer Lululemon Athletica reported quarterly earnings and revenue that edged above analysts' expectations. On its Facebook profile, where customers were complaining of a “disconnect between corporate and the stores,” LululemonLululemon's shares have bounced back a bitThursday, after the yoga-gear maker reported that the recall of its newest pants — you know, the sheer problem — will have a bigger effect on first-half sales than previously thought. The stock took did aLululemon tried to make a scapegoat out of the Taiwanese company that manufactured a recent batch of see through yoga pants. Bad idea. Said supplier is now suggesting that Lululemon made the whole thing up.Lululemon announced this week that it had recalled its black Luon yoga pants because they're too see-through. That particular item makes up 17 percent of all women's bottoms sold

Read more ...