Lululemon

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Lululemon Athletica Inc. (Nasdaq: LULU) is a Canadian athletic apparel retailer founded in 1998 in Vancouver. The company designs, distributes, and sells athletic wear and accessories for yoga, running, training and other sweaty pursuits. Lululemon is known for its high-quality, technical fabrics and stylish designs that blur the lines between athletic and casual wear.

Lululemon offers a wide range of products including leggings, pants, shorts, tops, jackets, and accessories for both women and men. Their signature items include the Align yoga pants and Define jacket. The company has developed proprietary performance fabrics like Luon, Luxtreme, and Nulu that provide benefits such as sweat-wicking, four-way stretch, and a "naked sensation". Beyond apparel, Lululemon also sells yoga mats, water bottles, bags and other fitness accessories.

In fiscal year 2022, Lululemon reported revenue of USD 6.26 billion, a 42% increase from the previous year. The company operates over 600 stores globally across North America, Europe, and Asia-Pacific. Lululemon has a strong ecommerce presence, with direct-to-consumer revenue making up a significant portion of sales. The brand has built a loyal following through community engagement, free in-store yoga classes, and brand ambassadors. Lululemon continues to expand internationally and diversify its product lines, aiming to double its 2021 revenue to USD 12.5 billion by 2026 through its Power of Three growth strategy.

HQ Location:
1818 Cornwall Ave Vancouver BC CAN
Founded year:
1998
Employees:
10,000+
Bio-based Materials
Bio-based Materials
Connected Fitness
Connected Fitness
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