Profile: Lululemon Athletica Inc (LULU.O)
lululemon athletica inc., incorporated on November 21, 2005, is a designer and retailer of technical athletic apparel. The Company offers a line of apparel and accessories for women, men and female youth. Its apparel assortment includes items, such as pants, shorts, tops and jackets designed for healthy lifestyle activities and athletic pursuits, such as yoga, running, general fitness and dance-inspired apparel for female youth. The Company conducts its business through two channels: corporate-owned stores and direct to consumer. The Company markets its athletic apparel under the lululemon athletica and ivivva athletica brand names. As of February 1, 2015, the Company operated 302 corporate-owned stores located in the United States, Canada, Australia, New Zealand, the United Kingdom and Singapore.
The Company sells its products through a chain of corporate-owned and operated retail stores, direct to consumer through e-commerce, showrooms, network of wholesale accounts, outlets and warehouse sales. The Company's direct to consumer segment operates lululemon and ivivva e-commerce Websites, www.lululemon.com and www.ivivva.com, and other country and region specific Websites. As of February 1, 2015, the Company's retail footprint included 211 stores in the United States, 57 stores in Canada, 26 stores in Australia, five in New Zealand, two in the United Kingdom and one in Singapore. The Company's retail stores are located primarily on street locations, in lifestyle centers and in malls.
The Company competes with Nike, Inc., adidas AG, Under Armour, Inc., The Gap, Inc., Lucy Activewear Inc. and bebe stores, inc.
Lululemon Athletica Inc
1818 Cornwall Ave
VANCOUVER BC V6J 1C7