Yahoo India Web Search

Search results

  1. corporate.lululemon.comlululemon

    Learn about lululemon apparel, our history, values, approach to sustainability, careers and investor relations on our corporate website.

    • Lululemon Is A Canadian Company First Founded in 1998.
    • The Brand Actually Started as A Yoga Studio.
    • The Name Lululemon Originated as A Marketing Tool For Japanese consumers.
    • The Lululemon Logo Was Actually Designed to Fit Another Possible Brand name.
    • Lululemon’s Founder Was Removed from His Own Company.
    • Lululemon’s Muse Is A Mythical Woman Named Ocean.
    • The Company’S Net Worth Outranks Some Big Names in Fashion and Athletic Apparel.
    • The Brand Has Over 650 Stores Worldwide.
    • The Company Launched Women’s Footwear Last year.
    • Lululemon Purchased Fitness Start-Up, Mirror, in 2020.

    Though you likely associate Lululemon with the U.S. athleisure boomof the 2010s, the company was actually founded in the late ’90s in Canada. The Vancouver-based company was the brainchild of founder and yogi Chip Wilson, who emerged as a much-discussed figure in the brand’s history.

    Opening a single location in Vancouver in 1998, the space was a design studio by day and a yoga studio at night. Eventually, the apparel portion of Lululemon gained its footing, leading the location to turn into a dedicated apparel store in 2000.

    Lululemon founder Chip Wilson once told Canada’s National Post Business Magazine that it’s “funny to watch [Japanese people] try and say it,” referring to the brand name and its spelling with three “Ls.” The magazine awarded the brand a special citation for marketing and product innovation.

    The Lululemon logo may just look like a white upside-down horseshoe in a red circle, but it’s actually meant to be a stylized “A.” According to Seventeen, the logo was first created to fit an early name—”Athletically Hip.” Though the name didn’t catch on, the logo stayed. The logo does slightly correlate with the brand’s full name, which is Lululem...

    Wilson was engulfed in controversy after making comments that child labor from developing countries was ethical, according to Time magazine. He also once said some women’s bodies just “don’t work” for the brand’s leggings and claimed manufacturing sizes above a 12 was “too expensive” to be worth it, according to a Business Insider report. Wilson st...

    Wilson once told The New York Timesthat Lululemon’s ideal consumer is “a 32-year-old professional single woman named Ocean who makes $100,000 a year,” adding that she is “engaged, has her own condo, is traveling, fashionable, [and] has an hour and a half to work out a day.” According to Wilson, “Ocean” is the perfect muse not because she’s relatabl...

    Current estimates value the Lululemon brand at a whopping $52 billion dollars. That’s more market cap than H&M ($32.4 billion), Under Armour ($9.3 billion), Puma ($17.9 billion) and even Prada ($15.5 billion). In fact, Fashion United estimates that Lululemon was the 11th most valuable fashion brand in the worldin 2020..

    Statistics revealed that as of January 2023, Lululemon has 655 stores globally. While most are located within the United States, the brand operates stores spanning 18 countries.

    As a part of its plan to double its revenue by 2026, Lululemon introduced sneakers for women in 2022 and saw major success. Subsequently, the brand announced its plan to expand to offer shoes for men.

    Amidst the COVID-19 pandemic, Lululemon announced a $500 million deal to acquire Mirror, a fitness startup marketing an interactive mirror that includes a camera and speakers designed for at-home workouts. However, it’s already thrown in the towel and revealed its plan to discontinue the interactive fitness device.

  2. Lululemon athletica inc., commonly known as lululemon (/ ˌ l uː l u ˈ l ɛ m ə n / loo-loo-LEM-ən; styled in all lowercase [2]), is an American-Canadian multinational premium athletic apparel retailer headquartered in British Columbia and incorporated in Delaware, United States. [4]

  3. The Lululemon faithful once again happily shelled out $98 or more for a pair of leggings. With a massive global retail footprint and a resurgence in its brand image, Lululemon may hate the term “athleisure”, but it is the absolute leader in that category.

  4. Jan 19, 2024 · In the realm of activewear, Lululemon has been a dominant force, synonymous with quality, innovation, and the global athleisure trend. Known for its high-performance leggings and yoga mats, Lululemon has fueled a movement that blends fashion with fitness. - Indian Retailer

  5. Jan 18, 2024 · By investing in customer research and development, Lululemon has created athletic clothing products that customers want to wear for their workouts and their leisure activities. Explore more about the brand in this Lululemon case study. History of Lululemon. Lululemon was established in 1998 in Vancouver, Canada, by entrepreneur Chip Wilson.

  6. lululemon Membership: made for you. Discover the easy side of being well, with benefits like exchanges or credit on sale items, early access to product drops, membership events, and select Peloton classes.*. INCLUDED WITH LULULEMON ACCOUNT. Partner Perks.