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lululemon athletica inc.
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lululemon athletica inc. is a Canadian athletic apparel retailer headquartered in Vancouver, British Columbia, known primarily for yoga wear and other technical athletic clothing. It was founded in 1998 by Chip Wilson, who opened the company's first store, which doubled as a yoga studio, in Vancouver in 2000 after identifying a gap in the market for apparel designed specifically for yoga and other athletic activity. lululemon built its early growth around premium-priced yoga pants and other technical fabrics, and the company has since expanded its product range into a broader athletic and athleisure apparel business sold through its own retail stores and online, alongside a smaller menswear line.
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