Here are a few of the most interesting lululemon statistics and facts I was able to dig up including restaurant count, revenue totals and employee counts. As always, be sure to check back in the future as I will be updating this post as new and updated stats become available.
lululemon Facts
Here is pretty much everything you ever wanted to know about lululemon.
Lululemon Athletica, commonly known as Lululemon, is a Canadian athletic apparel company. It was founded in 1998 by Chip Wilson and is headquartered in Vancouver, British Columbia.
Lululemon is renowned for its high-quality and stylish athletic wear, primarily targeting yoga practitioners and fitness enthusiasts. The company initially gained popularity for its yoga pants, which are known for their comfort, fit, and technical fabrics. Over time, Lululemon expanded its product line to include a wide range of activewear, including tops, bottoms, sports bras, jackets, and accessories.
Lululemon places a strong emphasis on blending fashion and function in its designs. The company’s products are often characterized by their attention to detail, innovative features, and use of technical fabrics that offer moisture-wicking, breathability, and stretchability.
Lululemon operates its own retail stores as well as an online store, providing customers with multiple options for purchasing their products. The company also offers community events, fitness classes, and workshops in some of its stores to foster a sense of community and support an active lifestyle.In addition to its core line of athletic apparel, Lululemon has expanded into other areas. This includes the acquisition of Mirror, a home fitness technology company that offers interactive workout classes through a mirror-like device, providing customers with an at-home fitness experience.
Lululemon has a global presence, with stores located in various countries around the world. The company has cultivated a strong brand identity and has a loyal customer base.
Lululemon History:
1998: Chip Wilson founds Lululemon Athletica in Vancouver, Canada, focusing on yoga-inspired athletic apparel.
2000: The first standalone Lululemon store opens on West 4th Avenue in Vancouver’s Kitsilano neighborhood.
2007: Lululemon goes public, raising $327.6 million through an initial public offering.
2012: The company files a lawsuit against Calvin Klein for patent infringement over yoga pants designs; the case is settled out of court the same year.
2013: Founder Chip Wilson resigns as chairman; Laurent Potdevin, former president of TOMS Shoes, becomes CEO.
2014: Lululemon opens its first European store in London’s Covent Garden, marking its expansion into the European market.
2018: Calvin McDonald is appointed CEO, succeeding Laurent Potdevin.
2020: Lululemon acquires home fitness company Mirror for $500 million, entering the at-home fitness market.
2023: The company opens its first stores in Spain, continuing its international expansion.
Please note that some of these numbers are easier to find than others. A few of these lululemon statistics come from their own reports, but some are based on news reports and not official company tallies. No information contained on DMR should be relied upon to make investment decisions. Basically, this is the best I can find and I don’t guarantee anything to be 100%.
DMR Publisher. Director of Marketing by day and I run this little site at night. Other interests include Disney, Sports, 80's Nostalgia, LEGO, Star Wars and Tech Gadgets. Other site is DisneyNews.us.
Lululemon Athletica, commonly known as Lululemon, is a Canadian athletic apparel company. It was founded in 1998 by Chip Wilson and is headquartered in Vancouver, British Columbia.