Tag: Lululemon Athletica

Billionaire Lululemon Founder Donates $75 Million to Help Protect Wilderness

Chip Wilson, the billionaire founder of multinational athletic apparel retailer Lululemon Inc., is gifting more than $75 million—the biggest private donation in Canadian conservation history—to help protect, enhance, and sustain British Columbia’s natural spaces. Wilson and his wife, Summer, announced the donation at an event held in Vancouver’s Stanley Park on Sept. 15, noting that…


Lululemon Fires Back at Peloton Lawsuit With Its Own, Calls Rival a ‘Copycat’

NEW YORK—Lululemon Athletica Inc. on Monday followed through on its threat to sue Peloton Interactive Inc. over the “copycat products” in the exercise bike company’s new clothing line. The Canadian athletic apparel maker sued Peloton in Los Angeles federal court, seeking triple damages for its rival’s alleged “willful” infringement of six design patents. Lululemon filed…