If you would want to know does Lululemon franchise and how much it costs to open a franchise unit of Lululemon, then we advise you to read ahead:
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 Athletica is the popular Canadian based athletic wear making company that targets different types of yoga-inspired apparel both domestically as well as internationally.
Lululemon’s rising popularity is often attributed to the participation of more females into sports activities and their growing belief on 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.
Let’s now read further to assist you to learn about the background of Lululemon and its franchise opportunity:
1. Lululemon’s history
Back in 1998, Chip Wilson laid down the foundation of Lululemon Athletica at 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.
Lululemon at present owns more than 90 stores, out of which 40 stores operate in Canada, 38 stores in the United States and near around 8 stores 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 how much does it cost to purchase a Lululemon franchise unit will stay unanswered until it decides on integrating the franchising model.