Lululemon is known for being on the cutting edge of fashion and fitness, and for its impressive selection of yoga gear. In this article, you’ll learn five things that you might not know about them!
What is Lululemon?
1. Lululemon is a Canadian clothing company that was started in 1998.
2. The company’s founder, Chip Wilson, was previously the CEO of Athleta, a sportswear company.
3. According to Forbes, Lululemon is worth an estimated $2 billion.
4. Lululemon clothing is not just for runners and athletes – the company makes clothes for all types of people, including everyday people who just need a new outfit for work or school.
5. The clothing is made from durable fabrics and features unique designs that are popular among both women and men.
Lululemon founder Chip Wilson
- He is originally from the state of Washington.
- He has a degree in electrical engineering from the University of Washington.
- Lululemon was founded in Vancouver, British Columbia in 1998.
- The company has more than 200 stores worldwide, including 37 in the United States.
- In 2013, Chip Wilson was named one of Forbes’ “30 Under 30” entrepreneurs for his work with Lululemon
Why Lululemon has a cult following
- Started as a yoga clothing company in Vancouver, BC in 1998
- Lululemon has been profitable every year since 2001
- The company has over 13,000 employees and produces more than 1 million garments per day Lululemon started to gain a cult following in the early 2000s when it began to experiment with new fabrics and design concepts
- The company is now one of the world’s top athletic apparel companies, with a strong presence in the United States and Canada
Quick Facts on Lulu’s Fabrics
- The company was founded in Vancouver, British Columbia in 1998 by two entrepreneurs, Chip Wilson, and Dan Hartwig.
- In 2002, Lululemon opened its first store in the U.S., in Seattle.
- In 2006, Lululemon merged with Athleta, a Canadian clothing company.
- In 2007, Lululemon filed for Chapter 11 bankruptcy protection after reporting losses of $19 million on sales of $309 million in 2006.
- In 2010, Lululemon emerged from bankruptcy and began to turn a profit again.
How to Buy Your Own Lululemon Gear
- You can buy your own Lululemon clothing at many stores, including big box retailers and some department stores.
- You can also buy Lululemon gear online, through the company’s website and its app.
- All Lululemon gear is made in Canada.
- The company has a loyalty program that rewards customers for spending money in its stores and online.
- There are several ways to get free shipping on orders over $50, including signing up for the company’s loyalty program and using promo codes.
Lululemon is a company that has been around for quite some time, and there are a lot of things you might not know about them. In this article, we’ll take a look at five interesting facts about Lululemon that may surprise you. From their beginnings in Vancouver to the rise of athleisure clothing, these are five pieces of information that will help you appreciate just how well-known and respected this brand really is.