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He sold Westbeach in 1997 and founded Lululemon Athletica in 1998. [10] [11] Wilson was CEO of Lululemon until 2005, when he sold a 48% stake to private equity firms Advent International [12] and Highland Capital Partners. [13] In 2007, an IPO was offered by Lululemon Athletica Inc. on Canadian and US exchanges. [14]
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 a Canadian-American multinational premium athletic apparel retailer headquartered in British Columbia and incorporated in Delaware, United States. [4]
Yoga-apparel brand Lululemon Athletica named a new CEO this week as controversial founder Chip Wilson stepped down from his role. Laurent Potdevin takes the reigns next month from Christine Day ...
The founder served as CEO until Lululemon went public, then became chairman until 2013 when, according to Wilson's website, he "lost control of the culture and product development."
Lululemon’s billionaire founder Chip Wilson insists that exclusivity trumps inclusivity while blasting the posh leggings company he stepped down from 10 years ago.
Being deliberate about time and bringing his team into the training and racing experience help triathlete and Lululemon CEO Calvin McDonald stay elite.
Christine M. Day (born 1962) is a Canadian retail executive. She was the CEO of the Vancouver-based food company Luvo Inc. since January 2014. From 2008 through December 2013, she was the CEO of the Canadian clothing company Lululemon Athletica.
In an interview with Forbes, the 68-year-old former athleisure CEO insisted that making Lululemon products more accessible would hurt the brand. He told the outlet, “They’re trying to become ...