Lululemon Athletica appears to have let itself go lately. But the athletic-apparel retailer may soon start turning heads yet again.
Things first went awry for Lululemon in March of 2013, when a batch of its signature "luon" nylon pants had to be recalled because they were slightly transparent. The company has since named a new CEO and announced the resignation of its chairman, who was criticized for saying Lululemon pants "don't work" for some womens' bodies. Most recently, the company said January was off to a weak start and it expected a rare decline in comparable-store sales for the fourth fiscal quarter.