Lululemon Athletica Inc. (LULU) NASDAQ

121.36

+3.81(+3.24%)

Updated at June 09 04:00PM

Currency In USD

Lululemon Athletica Inc.

Address

1818 Cornwall Avenue

Vancouver, BC V6J 1C7

Canada

Phone

16047326124

Sector

Consumer Cyclical

Industry

Apparel - Retail

Employees

39000

First IPO Date

July 27, 2007

Key Executives

NameTitlePayYear Born
Meghan FrankInterim Co-CEO & CFO1.17M1977
Andre MaestriniInterim Co-CEO, President & Chief Commercial Officer1.23M1964
Martha A. MorfittExecutive Chair342,3081958
Edward DagneseChief Supply Chain Officer865,5291966
Ted DagneseChief Supply Chain Officer865,529N/A
Nicole NeuburgerChief Brand & Product Activation Officer1.1M1982
Howard Brett TubinVice President of Investor Relations0N/A
Ranju DasChief AI & Technology Officer01973
Jennifer BattersbySenior Vice President of Product Engine0N/A
Elizabeth BinderChief Merchandising Officer0N/A
Shannon HigginsonChief Legal & Compliance Officer0N/A
Stacia JonesVice President and Global Head of Inclusion, Diversity, Equity & Action (IDEA)0N/A
Susan GelinasChief People & Culture Officer0N/A

Description

Lululemon Athletica Inc., alongside its subsidiaries, specializes in the design, global distribution, and retail of athletic apparel and accessories for both women and men. Its business operations are structured into two main divisions: company-owned retail establishments and direct-to-consumer sales. The firm's offerings encompass a range of clothing such as pants, shorts, tops, and jackets, all crafted for promoting a healthy lifestyle and facilitating athletic endeavors. These activities span yoga, running, training, and other physically demanding pursuits. Beyond apparel, Lululemon also supplies fitness-related accessories and a selection of footwear. Customers can acquire Lululemon products through numerous channels. These include a global network of corporate-managed stores, outlet locations, and seasonal warehouse sales. The company also sells through an interactive digital workout platform and via wholesale partnerships with entities like yoga studios, health clubs, and fitness centers. Further sales occur through temporary pop-up shops, as well as various licensing and supply agreements. A significant portion of sales is conducted directly with consumers through dedicated mobile applications and its primary e-commerce website, lululemon.com. By January 30, 2022, Lululemon boasted 574 stores operating under its brand name across numerous international markets. These markets span the United States, Canada, the People's Republic of China, Australia, the United Kingdom, Japan, New Zealand, Germany, South Korea, Singapore, France, Malaysia, Sweden, Ireland, the Netherlands, Norway, and Switzerland. Founded in 1998, Lululemon Athletica Inc. maintains its corporate base in Vancouver, Canada.