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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]
In August 2014, Wilson sold 13.85% of his ownership in Lululemon to Advent for approximately $845 million. [18] [19] [20] In February 2015, Wilson stepped down from Lululemon's board of directors, saying, "I have achieved the goals I set when I came back, and after careful thought, I believe that now is the right time to step away from the board.
Lululemon made a name for itself in the athletic-apparel industry by offering top-of-the-line yoga wear made with technical fabrics, such as luon and silverescent. "Quality is at the heart of ...
Yoga pants made of nylon and Lycra appeared on the market in 1998, sold by Lululemon in its first store in Vancouver, Canada as suitable attire for the yoga studio. [ 6 ] [ 7 ] Lululemon's founder, Chip Wilson , is said to have attended a yoga class in 1997 where the instructor was wearing "slinky dance attire" that fitted like a second skin ...
Wilson also held an image of what lululemon customers should look like. After a recall of a portion of its black pants, Wilson told Bloomberg in 2013, “Some women’s bodies don’t work for the ...
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