Lululemon Athletica Inc. (LULU)

About Lululemon Athletica Inc.

Company Description:

 

Lululemon Athletica Inc., widely known as Lululemon, is a leading company in the apparel retail sector. The company specializes in athletic apparel and accessories for women, men, and girls. Lululemon offers a diverse range of products including pants, shorts, tops, and jackets designed for healthy lifestyle activities such as yoga, running, and training.

The company was founded in 1998 by Chip Wilson in Vancouver, Canada, where it is still headquartered today, at 1818 Cornwall Avenue, Vancouver, BC.

 

Main Product(s):

 

Lululemon is renowned for its high-quality yoga pants, along with other clothing items and accessories for various athletic and leisure activities. The brand is synonymous with premium, durable, and stylish athletic wear.

 

Short History of Lululemon Athletica Inc.:

 

  • 1998 – Lululemon was founded by Chip Wilson in Vancouver.
  • 2007 – The company went public on the NASDAQ.
  • 2013 – Introduction of the men’s line to diversify the product range.
  • 2016 – Launched the “Global Yoga Ambassador” program.
  • 2018 – Announced plans to expand into self-care products.
  • 2021 – Acquired Mirror, a home fitness startup, for $500 million.

Key Executives:

NameTitlePayExercisedYear Born
Mr. Calvin R. McDonaldCEO & Director5.66MN/A1972
Ms. Meghan FrankChief Financial Officer1.99MN/A1977
Ms. Celeste BurgoynePresident of Americas & Global Guest Innovation2.35MN/A1974
Ms. Michelle ChoeChief Product Officer2.39MN/A1969
Mr. Andre MaestriniExecutive Vice President of International1.96MN/A1964
Ms. Julie AverillExecutive VP & Chief Information Officer1.38M313.92k1970
Mr. Howard Brett TubinVice President of Investor RelationsN/AN/AN/A
Ms. Shannon HigginsonChief Legal & Compliance OfficerN/AN/AN/A
Allison ReidVice President of Corporate CommunicationsN/AN/AN/A
Ms. Susan GelinasChief People & Culture OfficerN/AN/AN/A

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