Introduction The company which our focus centers on is the prestigious Lululemon. What started out as an underground yoga and design studio blossomed today into a $225 million-dollar company that offers premium athletic clothing at high-end prices. It all started one day when the company founder‚ Chip Wilson‚ decided to try something new – yoga‚ a physical activity that emerged in 1997 which appealed to the independent woman. Wilson was a fanatic in every type of board; he took joy in surfing‚
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SWOT Analysis Company name: Lululemon Athletica Inc. (NASDAQ:LULU; TSX:LLL) Product: Lululemon Athletica produces yoga-inspired athletic apparel for both women and men. Strengths #1. Innovative Design Process Lululemon offers high-quality premium athletic apparel that is designed for performance‚ comfort‚ functionality and style. The innovative design process is attributed to a number of factors such as‚ real-time customer feedback. Lululemon seeks real-time customer feedback on the
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CASE STUDY Lululemon Athletica‚ Inc. Analyzed by: A. Executive Summary: Lululemon Athletica Inc‚ styled as lululemon athletica‚ is a self-described yoga-inspired athletic apparel company‚ which produces a clothing line and runs international clothing stores from its company base in Vancouver‚ British Columbia‚ Canada. The company was founded by Chip Wilson‚ a yoga enthusiast‚ in 1998. The company began as a store selling Yoga fabrics and a studio of practicing
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Culture: The culture surrounding Lululemon is tough to pinpoint exactly due to the global scale that Lululemon operates at. Originally founded in Vancouver‚ where “the culture [is] healthy living” (Oliffe‚ J. L.‚ White‚ C. F.‚ & Bottorff‚ J. L. 2013)‚ it is clear to see how Lululemon shaped their foundation of a business into now what is one of the largest clothing retailers in the world. Lululemon stresses healthy living through physical activity: their annual renowned “Seawheeze” half marathon
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Confirming Pages CASE 6 lululemon athletica‚ Inc. Arthur A. Thompson The University of Alabama I n early 2012‚ investor interest in lululemon athletica— a designer and retailer of high-end‚ yoga-inspired athletic apparel under the lululemon athletica and ivivva athletica brand names—was surging. Over the past 30 months‚ growing numbers of female shoppers were patronizing the company’s stores to pay premium prices for lululemon-branded items that offered performance‚ fit‚ and comfort and were
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Last week I read a story about yoga clothes-maker/fashion brand Lululemon and their fairly blatant disregard for any sort of overweight or plus-size consumers. In short‚ they admitted that selling to women who wear size 12 and smaller is an important business strategy for them‚ and that it’s based on “design‚ capacity and operational perspective.” That video seems to only anger some customers more. One wrote in response‚ “On one hand you are bashing us for being fat and on the other hand bashing
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cheap prices on their products. People with low income would turn to a store like Walmart to purchase their shoes instead of purchasing an expensive branded shoe from a sports store. They also carry fitness clothing at cheaper prices too. 3. Lululemon. Lululemon is extremely well known for their fashionable‚ high quality fitness apparel. Their apparel is used for fitness as well as for fashion and casual wear. Although it is extremely pricy‚ it is still popular. Sue would have a hard time to compete
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Expansion into Qatar November 2014 Table of Contents 3 Company Overview 4 Key Factors to be Considered 4 Why Continue our Global Expansion 5 Why Expand to Qatar 6 What Challenges will Lululemon Face 6 Is Qatar ready for Lululemon 8 Is it Feasible to expand to Qatar 9 Next Steps 10 Bibliography Overview of Lululemon Although the company was founded in 1998‚ Lululemon’s first real store opened in British Columbia 2000. Chip Wilson‚ founder‚ had being part of the surf‚ skate and snowboard scene for
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with narrow target market problem‚ Lululemon can use their current capabilities and facilities to produce a new line of product which is a market that features fitness lifestyle‚ for example‚ tennis clothing‚ volley ball wear‚ golf wear‚ even casualwear for who are interested in breathable clothes. Lululemon can fabrics‚ labor and facilities that they already had to produce so the marginal cost will be low. There isn’t a need of new factories or equipment. Lululemon should keep on focusing on women
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addressed first. While Lululemon perceived and projected their employee relation to be excellent‚ the truth was far from what it looked. Stokes (2008) has illustrated that Lululemon’s business model was based on raising the level of health for their staff and community. But sadly the employees were stressed to maintain positive emotions and also they did not have the freedom to voice their concerns (Beninger et al 2014). Few employees and the brand ambassadors has described Lululemon to be hypocritical
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