00:00 It's Benzinga and here's what's on the block.
00:02 Lululemon founder Chip Wilson criticized the company's whole diversity and inclusion thing
00:07 in a recent interview. He claimed Lululemon is trying to appeal to everyone by being everything
00:11 to everybody, which he says goes against the definition of a brand. Wilson also criticized
00:16 the models used in ads as looking unhealthy and not inspirational. He left Lululemon in
00:21 2015 after controversial comments about some women's bodies not fitting the leggings well.
00:26 Wilson, the founder of Lululemon, has made controversial statements linking birth control
00:30 pills to higher divorce rates and advocated in his book for work as an alternative to
00:34 schooling for some children in Asia. Lululemon distanced itself from Wilson's comments saying
00:38 he doesn't represent the company's views and emphasized its commitment to diversity and
00:42 progress made since launching inclusion initiatives. For all things money visit Benzinga.com
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