Pockets. That’s all Sara wants from her leggings, and it turns out Lululemon has bigger problems. Founder Chip Wilson started the Vancouver yoga brand in 1998, left the board in 2015 and is still one of its largest shareholders. After a long proxy fight, the company settled in May by seating two of his nominees, and this week it added a third director with his blessing: Tara Poseley, Lululemon’s chief product officer from 2013 to 2015. The stock has lost about half its value this year, former Nike executive Heidi O’Neill took over as CEO in September and Wilson is divorcing Shannon “Summer” Wilson, the brand’s founding lead designer. Erica and Sara debate whether the founder is the fix.
Then the celebrity launches. Jennifer Lawrence debuts Mes°, a three-product hair line priced from $34 to $52, along with her first Instagram account. Kate Hudson invests in HealthyCell’s gel supplements, which sends Erica into a cautionary tale about a supplement and a surprise lab result. Martha Stewart is now chief taste officer at Stars + Honey protein bars, Cardi B is taking her Grow-Good hair line to Black-owned beauty supply stores and TikTok’s Mikayla Nogueira just raised $15 million for POV Beauty. Would they try any of it?
It’s Halloween week, so the candy rankings are in. Snickers knocked Reese’s out of the top spot for the first time since CandyStore.com started its survey in 2014, and candy corn is back as the worst. Plus a New York Times chili mix-up (they did not make the same recipe), the dentist who handed out toothbrushes, Underoos, plastic pumpkins versus pillowcases and the easiest costume of the year: a black turtleneck.
In Gossip Girl, a senior director 14 years into a health insurance job wants to turn her interior design side gig into a business. Erica’s advice starts with the bonus. A Woman Killing It goes to CiCi McMullen, who bought HerScan, a mobile breast ultrasound company, after its founder said she wanted a woman to run it. McMullen was the only woman among 26 bidders.
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