Lululemon founder Chip Wilson resigns in body size row

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Chip Wilson, the billionaire founder of yoga clothing retailer Lululemon, has resigned as chairman over controversial statements about body size.

Mr Wilson told Bloomberg TV in November that complaints over "see-through pants" were due to overweight women.

Some women's bodies "just don't actually work'' for Lululemon trousers, he said.

In March, Lululemon had to withdraw one of its yoga trousers from shops after complaints about the sheer fabric.

The company blamed the problems on style changes and production issues, but the complaints continued.

Mr Wilson founded Lululemon in 1998.

He served as chief executive officer until 2005, and has served as non-executive chairman.

Lululemon's board also announced that Laurent Potdevin, the former head of Toms Shoes, would take over as their next chief executive in January.

This follows the resignation of current head, Christine Day, in June.

Shares in Lululemon rose 3% on the news, before declining later on Tuesday.