In the second quarter of Lululemon’s quarterly results, the revenue increased 14% to 514.5 million dollars. Lululemon had reported a little lower than what was expected by the Wall Street expectations. Lululemon’s CEO is Laurent Potdevin since 2014. Lululemon is rumored to be moving the headquarters from Vancover over to America, because of problems with the Canadian government about the rules with foreign employes.
Lululemon has other competing American brands, such as Athleta, which is part of the Gap brand.