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Lululemon
lululemon athletica inc. (; styled in all lowercase) is a Canadian multinational athletic apparel retailer headquartered in British Columbia and incorporated in Delaware, United States. It was founded in 1998 as a retailer of yoga pants and other yoga wear, and has expanded to also sell athletic wear, lifestyle apparel, accessories, and personal care products. The company has 574 stores internationally, and also sells online. History Lululemon was founded in 1998 by Chip Wilson in Vancouver, with its first standalone store opening in November 2000.Rob Walker, July 21, 2009"Marketing Pose" ''The New York Times'', Retrieved . "...it's no surprise that some yoga devotees have zeroed in on it as an annoying phony-baloney symbol. Elaine Lipson, a writer and editor in Boulder, Colo., who ..." Wilson created the name to have many L's so that it would sound western to Japanese buyers, who often have difficulty pronouncing the letter. He later remarked that he found it "funny to w ...
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Chip Wilson
Dennis J. "Chip" Wilson (born 1955) is a Canadian-American billionaire, businessman and philanthropist, who has founded several retail apparel companies, most notably yoga-inspired athletic apparel company Lululemon Athletica Inc (NASDAQ: LULU). Wilson is widely considered to be the creator of the athleisure trend. In 2016, he organized his personal and business interests into the Vancouver based holding company Hold It All Inc. Early life Wilson was born in San Diego, California, 1955. Both of his parents were athletes at college, and his father in later life was a physical education teacher. In 1980, he graduated with a bachelor's degree in economics from the University of Calgary. Career In 1979, Wilson founded his first retail apparel company, Westbeach Snowboard Ltd, which sold apparel targeted at the surf, skate, and snowboard markets. He sold Westbeach in 1997 and founded Lululemon Athletica Inc in 1998. As of 2016, his personal and business interests are maintained thro ...
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