A Tuscon yoga event. via @lululemon

Update: Lululemon’s Chief Product Officer Sheree Waterson is stepping down from her position on April 15, a little more than three weeks after the see-through yoga pant scandal first hit the fan.

The pants have been removed from the shelves and Lululemon is in the process of taking a closer look at the pants in production and the testing protocols, according to Bloomberg. Customers who still have the pants are eligible for a full refund. The recall will cost the company in its year-end results.

Previously…

Earlier this week [March 21], Lululemon announced there would be a recall of their pricey yoga pants after it was discovered that the latest shipment of Luons were so sheer, people could see right through them.

Now, this should be pretty easy to detect. If you’re at the gym and look into any one of the wall-to-wall mirrors, you can see whether or not your behind is on display. Or if you’re suddenly very popular among the male members (ahem) you might want to take a closer look at what’s… different.

But just in case you’re still confused, the CEO of the company, Christine Day, suggests, appropriately, that you do a little yoga to figure out your situation.

“The only way to test for the problem is to put the pants on and bend over,” Day said on an earnings conference call today. That was probably one of the top 10 earnings conference calls in history. But seriously, according to Business Insider, the company says the didn’t notice a thing until people started putting on the pants and the company workers started getting an eyeful.

Separately, the company reported that its fourth quarter earnings beat expectations, but this recall is going to take a bite out of 2013 numbers. USA Today says they’re already predicting a down first quarter.

The Lululemon store in New York’s Union Square. AP Photo/Mary Altaffer

Lululemon, the yoga pants boutique, has pulled about 17 percent of its stock because a shipment of pants were deemed too sheer.

“The items affected are certain styles of women’s bottoms in our signature black Luon fabric. The ingredients, weight and longevity qualities of the pants remain the same but the coverage does not, resulting in a level of sheerness in some of our women’s black Luon bottoms that falls short of our very high standards,” the company said in a statement, available in part on Jezebel.

The company that manufactured the pants, Eclat Textile Co. in Taiwan, says the pants were actually approved by Lululemon.

Whether they were approved or not, the yoga pant problem is going to cost Lululemon a fortune. Quartz reports that the company has already said it will miss its forecasts for the three months ending March 21 because of the recall. Even before this problem, the company’s financials were falling because of increased competitors who are coming after the successful company with lower prices. Lululemon charges about $100 for some of its pants.

“While its yoga pants have been a runaway success, it is not unusual for yogis to own a couple of pairs of the $98 wonders—and hardly seeking to replace them yet,” that site says.

Image: Gawker.com

-The Federal Trade Commission says it’s considering rules that would require digital advertisers, third-party Web sites and social networks to ask parent for permission before collecting information about users ages 12 and younger. The existing Children’s Online Privacy Protection Rule, which went into effect in 1998, didn’t anticipate the Web as we know it today. With apps now aimed at users as young as two, the FTC has decided to take another look at the regulation and has opened up the issue for public comment. Online privacy has been a hot-button topic as marketers try to use the immense amount of online activity as a source for market research.

-NBC’s ratings went through the roof on Tuesday night, with 38.7 million viewers tuning in to watch the U.S. women’s gymnastics team win gold at the London Olympics. Gabby Douglas is a favorite in the women’s all-around competition, taking place today. On the men’s side, Danell Leyva shocked us with these photos (!!) and with a bronze medal in the all-around competition. And in your morning LOL, London’s Mayor Boris Johnson got stuck on a zip line holding two British flags during a stunt in Victoria Park. Now it’s a hilarious meme. Thanks Internet!

-Toyota is recalling 760,000 RAV4 vehicles and 18,000 Lexus HS 250h hybrid cars because of a suspension problem. The models in question were made between 2006 and 2011. If you’ve got one of these cars, get it checked!

-Restaurants and retailers fear the new healthcare law will cost them big-time. The law requires that those business owners with 50 or more employees provide insurance. Franchisees, who typically don’t offer health insurance, will have to now if they reach that employee threshold. Franchisees from companies like Subway and McDonald’s met with lawmakers in Washington last week and industry trade organizations are pushing for a softening of the Affordable Care Act through more specificity.

-Twitter reaches 500 million users. (You can follow us @MadameNoireBiz.)

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-Attention moms! The Venezia and Pliko-P3 strollers both made by Peg Perego are being recalled because of the risk of entanglement and strangulation. The strollers were made between January 2004 and September 2007. The recall of the 233,000 strollers is voluntary. An infant died in 2004 after becoming trapped.

-Business Insider breaks down the “11 biggest mistakes you can make when choosing your LinkedIn photo.” No bikini shots!

-Apple’s earnings announcement feel below expectations as consumers decided to wait for the next iteration of the iPhone, driving down sales. The tech giant sold 8.5 million fewer iPhones (“only” 26 million) during the third quarter of its fiscal year. Don’t worry about Apple though. The company also sold 17 million iPads, up from 12 million the previous quarter. The company reported $35 billion in revenue and the stock still closed at $600.92 per share.

-DNAInfo.com has full coverage of yesterday’s wake for Sylvia’s founder, Sylvia Woods. Her funeral service will take place today at Grace Baptist Church in Mount Vernon.

-A U.S. appeals court ruling says airlines can no longer advertise the cost of airline tickets without including taxes and fees. Rather, the advertised ticket price must include ”the entire price to be paid by the customer.” These taxes and fees can total up to 20 percent of the cost of a ticket. No more surprises when you book that next trip.

If you’re relying on Norgestimate or Ethinyl Estradiol as your only method of birth control, you could be in trouble. Glenmark Generics, Inc. has issued a recall of the pills, saying a packaging error on seven lots of the pills could lead to incorrect dosing, causing some women to become pregnant accidentally.

While there are no immediate health risks—other than unintended pregnancy—patients who have pills from any of the lots are encouraged to stop taking the pills immediately and speak with their physician about other options. The lot numbers on the packages are: 04110101, 04110106, 04110107, 04110114, 04110124, 04110129, and 04110134.

The pills were sent to wholesalers and retail pharmacies across the nation between Sept. 21 and Dec. 30 of 2011. Glenmark said the packaging error was discovered after a customer complained that one of her blister packs had the pills packaged in reverse order. The company has since identified and corrected the cause of the problem and says “At this time, there remains sufficient supply of unaffected lots of material in the marketplace to support demand.”

Pfizer recently issued a recall of more than 1 million packets of birth control for the exact same reason, making this the second major birth control recall in just one month.

Brande Victorian is a blogger and culture writer in New York City. Follower her on Twitter at @be_vic.

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Birth control is not something you want to mess up, but Pfizer may have accidentally. The drug manufacturer is recalling about a million packs of pills in the US which it says may not contain enough contraceptive to prevent pregnancy. The company found that some birth control packets had too many active tablets, while others didn’t have enough.

“As a result of this packaging error, the daily regimen for these oral contraceptives may be incorrect and could leave women without adequate contraception, and at risk for unintended pregnancy,” according to a Pfizer statement on the U.S. Food and Drug Administration website.

The brands involved include Lo/Ovral-28 tablets and Norgestrel and Ethinyl Estradiol tablets. While the pills pose no health threat, consumers are encouraged to “begin using a non-hormonal form of contraception immediately.”

A company spokeswoman said the problem was caused by both mechanical and visual inspection failures on the packaging line, and the issue has now been fixed, thankfully.

Brande Victorian is a blogger and culture writer in New York City. Follower her on Twitter at @be_vic.

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By JoNel Aleccia of MSNBC

An outbreak of salmonella illnesses linked to shell eggs has prompted a nationwide recall of 13 brands of eggs produced by an Iowa company and triggered a multi-state investigation that is expected to grow.

The Associated Press estimated the total recalled at 228 million eggs, although the company in question, Wright County Egg of Galt, Iowa, wouldn’t confirm it.

Read the rest of this entry »

Watch out Moms, there’s another food recall. Kellogg has voluntarily recalled a number of your kids’ favorites cereals because something just didn’t smell right.

Read the rest of this entry »

Check your cabinets now! If you bought SpaghettiOs recently you may have a portion of the 15 million pounds of recalled product. Due to undercooked meat,  the recall is on all products made between December 2008 and June 2010 bearing the “U5 “code on the bottom.  No one has reported sickness, yet,  but Campbell Soup Company still warns consumers.

Read the rest of this entry »

Whoopsies.

McDonalds recalled its ‘Shrek’ drinking glasses this morning in a frenzy to prevent consumer sickness. The cups have been found to be made with cadmium, a chemical that may cause lung disease. The U.S. Consumer Product Safety Commission is working with the world’s biggest restaurant chain to recall the products.

The cups come in four variations, from the main characters of the DreamWorks movie: Shrek, Princess Fiona, Puss n’ Boots and Donkey. Cups were wrongly deemed safe by an independent laboratory.

Business Week reported:

No injuries have been reported, and McDonald’s is advising customers to stop using the 16-ounce glasses, which sold for about $2, according to the statement from the CPSC.

“McDonald’s determined in an abundance of caution that a voluntary recall of the Shrek Forever After glasses is appropriate,” the company said.

The recall doesn’t affect the U.K., the company’s British press office said in an e-mailed statement. The “Shrek” glasses were originally intended to be sold in McDonald’s stores from May to June, according to the CPSC. McDonald’s began offering Happy Meals tied to the movie last month in a cross-promotion effort.