Find here detailed information regarding opening a Lululemon franchise in your city.
It is not just teenagers who share a strong preference for Lululemon’s shirts, shorts, pants, and yoga wear, even popular celebrates like Jennifer Aniston and Kylie Jenner love to wear its gear. This is the popularity one can imagine about Lululemon’s clothing both among teens as well as celebrates.
Lululemon is an athletic wear manufacturer that has its origin from Canada. The company makes and sells a wide yoga-inspired clothing assortment in Canada and other countries.
Lululemon’s rising popularity is often attributed to the participation of more females into sports activities and their growing belief in yoga exercise.
The company is best known for making clothing that resists wear and tear and also provides comfort to the customer at the same time while using high-quality fabrics.
Here we have provided information regarding the company’s background and its franchise opportunities.
1. Lululemon’s Background
It was in 1998 when Chip Wilson founded Lululemon Athletica and the place where he established it is Vancouver, Canada. While the company initially began as a design studio during the day and a yoga studio during the night, it eventually ended up as a standalone store and in 2001, Lululemon started selling yoga wear.
Near around 100 stores are currently owned and operated by Lululemon. Forty are located in Canada itself, thirty-eight in the United States of America and probably eight in Australia.
2. Franchise information
Rather beating around the bush, let’s be as straightforward as we can in answering this question. Lululemon does not franchise at all at the present moment. There could possibly be other reasons however what is known is that the company practices corporate stores strategy to expand its business.
The company even has its own official website lululemon.com where you on your own can verify whether Lululemon offers franchise opportunities or not. Thank you for reading this article.
3. Franchise costs and fees
Since it is clear that Lululemon doesn’t offer franchise opportunities, the question of how much does it cost to purchase a Lululemon franchise unit will stay unanswered until it decides on integrating the franchising model.