Lululemon founder Chip Wilson blames board for 'total operational failure' in Get Low launch [Yahoo! Finance Canada]
On Holding AG (ONON)
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Source: Yahoo! Finance Canada
In a withering LinkedIn post on Wednesday, Wilson blamed the board for the “total operational failure” of Lululemon's “Get Low” product line, which the company removed from its website this week after customers complained about the collection's sizing, fit and see-through fabric. “Despite any finger pointing internally following this mishap, this is not the fault of any hard-working employees. This is the fault of the Board,” he said. Wilson noted in his post that the Vancouver-based retailer faced a similar issue in 2024, when it launched and then discontinued its line of “Breezethrough” leggings, which featured a V-shaped seam in the front and back that many customers found unflattering. “It is clear that persistent failures like this are born out of this Board's lack of experience in creative businesses, disinterest in product development and quality, and focus on short-term, self-interested priorities,” Wilson said in his post. A representative for Wilson declined to comm
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ONON
News
- ON (NYSE:ONON) had its "buy" rating reaffirmed by analysts at BTIG Research. They now have a $70.00 price target on the stock.MarketBeat
- Assessing On Holding (ONON) Valuation After New CFO Appointment And Recent Growth Narrative [Yahoo! Finance]Yahoo! Finance
- ON (NYSE:ONON) had its "buy" rating reaffirmed by analysts at Needham & Company LLC. They now have a $52.00 price target on the stock.MarketBeat
- ON (NYSE:ONON) was given a new $60.00 price target on by analysts at Stifel Nicolaus.MarketBeat
- ON (NYSE:ONON) had its "outperform" rating reaffirmed by analysts at Telsey Advisory Group. They now have a $65.00 price target on the stock.MarketBeat
ONON
Earnings
- 11/12/25 - Beat
ONON
Sec Filings
- 1/28/26 - Form 6-K
- 12/30/25 - Form 144
- 12/30/25 - Form 144
- ONON's page on the SEC website