Lululemon athletica designs and retails technical athletic apparel, footwear, and accessories, employing 38,000 staff and operating globally. Founded in 2007, it offers products for various athletic activities and connected fitness subscriptions.
LULU has been in the news recently: Fabletics is introducing its first denim collection featuring 11 styles priced from $79.95 to $174.95, responding to a renewed consumer interest in denim. Lululemon founder Chip Wilson is advocating for a board refresh to enhance leadership effectiveness before selecting a new CEO, following multiple executive departures.
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