Lululemon’s Controversial Founder Steps Down

The clothing maker Lululemon is known for hundred-dollar yoga pants, its cult-like following... and the frequent gaffes of company founder Chip Wilson. Or at least, it was. Wilson resigned today from the company's board of directors. He built an international empire on stretchy, fitted athletic wear, opening more than 250 stores around the world since 1998. But two years ago, Wilson also turned a recall of overly see-through yoga pants into a public relations nightmare with comments about women’s bodies. And that wasn’t his only problem. We hear more about Wilson’s rise and fall, and what’s next for him and Lululemon.