Kit and Ace, Lululemon founder's new venture, fires 10 pct of HQ staff
February 22, 2016 at 00:34 AM EST
VANCOUVER, Feb 21 (Reuters) - Kit and Ace, the retail start-up launched by Lululemon Athletica Inc founder Chip Wilson's family, has laid off roughly 10 percent of staff at its Vancouver headquarters, as the closely-held company slows its rapid pace of expansion.
