Sentences with phrase «company lululemon»

He named his high - end yoga wear company Lululemon because he thinks the trouble Japanese people face pronouncing L's works as an extra marketing tool for his product in that country, according to a National Post Business Magazine article which awarded him a special citation for product innovation and marketing.

Athleisure companies Lululemon and Athletica Inc., clothing brand Abercrombie & Fitch Co., home goods firm Bed Bath & Beyond Inc. and automotive products company Advance Auto Parts Inc. have all be discussed as potential acquisitions for the digital marketplace.

Not exact matches

Among the investors that contributed to Wiivv's $ 3.5 million seed round in December was MAS Holdings, a Sri Lankan company that is one of the largest manufacturers of apparel and footwear for brands like Nike, Victoria Secret and Lululemon.

Potdevin joined Lululemon at the tail end of the worst year in company history.

On Dec. 10, the company hired Laurent Potdevin as her successor and said Lululemon founder Chip Wilson would step aside as chairman of the board but remain a director of the company.

In mid-February, investment giant Capital Group more than doubled its Lululemon stake to 12.7 million shares, or about 11 % of the company.

Despite Lululemon's troubles, analysts had been expecting the company's actual results to be slightly above the previous guidance on revenue and earnings, estimating 79 cents per share of adjusted earnings and US$ 542.4 million of revenue, according to Thomson Reuters.

Wilson ignited a public relations crisis for the company in November by suggesting to Bloomberg TV that Lululemon's yoga pants don't work well for some women.

While Lululemon has used the same factories to make its fabrics since 2004, he said it doesn't seem as though the company has the proper oversight in place.

Lululemon investors — and the company's once obsessive fans — will be hoping the same.

For Lululemon, this recall is nowhere near as damaging as the whole sheer pants debacle of 2013, but because the company is still under the microscope after that event, the media has pounced on this story and created a batch of bad headlines.

Although they aren't a B2B company, Lululemon does an impeccable job when it comes to creating buyer personas (and it shows in their sales numbers).

For all its success, Lululemon remains in many ways a niche company.

«There's always the question with a company like Lululemon: When does all of the growth stop?»

While yoga was a passion of Lululemon founder Chip Wilson, the company's website also emphasizes the use of its men's apparel for running, biking, and playing golf.

Spotted at the reception were representatives from several prominent Canadian companies, including Lululemon, RBC, Telus, Indigo, Deloitte and Canadian Pacific Railway.

Needham downgrades Lululemon to hold from buy, saying the company is facing tough year - over-year comparisons.

The resignation of his directorship removed any formal conflict of interest between Wilson's relationships with his old company and new, an important consideration given that, while the companies» products and markets are distinct, Kit and Ace is in large part populated with recent and past Lululemon employees.

Lululemon recently suffered a setback thanks to the see - through yoga pants debacle, but overall the Canadian company has been nothing short of a global success story.

That product recall led to the firing of Lululemon's chief product officer and after only a few months, the exit of the company's then - CEO Christine Day.

First, in early June, Lululemon (lulu) founder Chip Wilson — who is no longer involved in active management of the company but holds a sizable stake in the Canadian - based company — lamented Lululemon's financial performance.

Fortune reached out to Lululemon and through the company's PR agency ICR, both of which confirmed her existence.

While she seems to be leaving the yoga - loving company in good spirits, one thing's for sure: Lululemon's board is probably feeling far from zen.

Alan Wizemann joins DSC as its first Chief Digital Officer and brings a wealth of experience leading digital teams for companies including Target, Lululemon, WebMD, and ShopIgniter.

Rand, however, has long been a popular philosopher among the C - suite crowd — from Lululemon founder Chip Wilson to John Mackey, CEO of another touchy - feely - earthy company, Whole Foods, to Dallas Mavericks owner Mark Cuban.

«I see companies much like children,» says Lululemon founder Chip Wilson.

Most agree that Lululemon remains a strongly managed company that still has lots of room to grow.

CEO Darrell Kopke, a veteran of Lululemon Athletica, is out amid job cuts at Kit and Ace, but the company plans 10 more locations

That is a tactic the group has used in the past with other companies such as Lululemon, Hermes, Louis Vuitton and Prada.

Sales are also climbing at major companies including Lululemon Athletica and Foot Locker.

Lululemon is the secret underwear of choice for most NHL players, according to company CEO Christine Day.

Demand for activewear is booming, benefiting companies such as Nike, Under Armour and Lululemon.

In fact, product stockpiles grew 59 % year - over-year while the company sales are projected to increase by 15 % in the next quarter, leading to questions about how Lululemon will get rid of so much yoga apparel without resorting to deep discounts.

Last year, Lululemon, the high - end athletic clothing company, had to pull a yoga pant line after customers complained the pants turned sheer after being stretched.

Lululemon has been without a CEO since early February when Laurent Potdevin suddenly stepped down from the post after the company said he «fell short» of its standards of conduct.

After stepping down as chairman of the trendy athletic - wear company last month, the former CEO is weighing his options for how to use his 28 percent stake to influence Lululemon's operations going forward.

High marks for innovation and pride over the company's popularity in the U.S. are what put Lululemon here, hinting that Canadians are hungry for another home - grown success story, even if we have to overlook a hamfisted former CEO to get it.

And perhaps most critically: Lululemon is aiming to shake off a stock market slump after it reported disappointing financial targets for the new fiscal year, mostly blaming a soft performance for the company's e-commerce channel because it didn't feature enough bold colors.

It added that Lululemon aims to «strengthen the company's foundation, focus its product engine on innovation, and accelerate sustainable and controlled global expansion.»

The outspoken and often controversial Wilson said his vote against the two directors sends a signal to the financial community that Lululemon must address the board member issue if the company is to recover.

«While I am excited about the new management team that I helped put in place, I am concerned that the board is not aligned with the core values of product and innovation on which Lululemon was founded and on which the company thrived,» Wilson stated.

VANCOUVER — Shareholders of Lululemon Athletica Inc. (Nasdaq: LULU) have re-elected two directors that the company's founder and largest shareholder Chip Wilson voted against in an apparent boardroom backlash, the latest controversy to come to light at the struggling yoga wear retailer.

«Contrary to Mr. Wilson's assertions, Lululemon's board members are aligned with the company's core values and possess the necessary expertise to successfully lead Lululemon forward,» the company said in a statement released before the annual meeting.

Lululemon has been trying to shift the attention back to its products and the deeply ingrained yoga culture that has defined the company.

One bright spot in Gap Inc.'s business remains Athleta, the company's Lululemon competitor.

Lululemon's efforts to heal its relationship with some customers will have to be more blatant, he says, or the company risks losing clientele to other brands such as Under Armour and Nike.

Thinking back to her time with Apple, Thompson says it's easy to see why Lululemon has been so successful, because both companies «think about the experience they want to create through the whole life cycle of the product.

The accumulation of expertise and financial wherewithal along the way has allowed Lululemon to shrug off things like the departure of CEO Robert Meers (the one - time Reebok International president was replaced by Day, a 20 - year veteran of Starbucks and doubtless a better representative of the company's core customer) and the seaweed scandal of 2007, when clothing touted for its supposedly skin - friendly properties was found to contain none of the marine ingredient.

In the case of Lululemon, the employee (which the company calls an educator) talks to the shopper (called the guest) about her passions and pursuits, and they work together to select the ideal garment.

Lululemon is the first mainstream clothing company to really adopt the «salon» business model.