Recent Thoughts

Recent Thoughts

March 31, 2017

Lululemon founder Chip Wilson calls for new board, chief executive – Globe and Mail, Andy Willis (2017-03-30)

Yoga fans strive for a state called “nirodha,” where the mind is still and totally focused on a single goal. Lululemon Athletica Inc. founder Chip Wilson was approaching nirodha Thursday, totally focused on replacing the yoga-wear retailer’s chief executive officer and board after the company warned Wednesday that this year’s results will be below expectations,..
Read more

March 30, 2017

Sometimes it’s worse to be right than wrong.

The lulu board made a decision in 2013 that it no longer needed its visionary founder. The non-visionary board members decided it was more important to safeguard shareholder money rather than re-invest and take advantage of the biggest change in the way people dress in the history of the world…
Read more

February 15, 2017

Elevate lululemon’s share price

The bus shelter ad urging lululemon to acquire Under Armour generated quite a bit of media attention across Canada. In this Bloomberg TV interview, I explain why the company’s underperforming stock price over a number of year should be generating a sense of urgency among lulu’s top management – including opportunistic acquisitions…
Read more

February 11, 2017

Lululemon buy Under Armour Now

On the surface, lululemon buying Under Armour seems like a very smart idea. Under Armour is very masculine and lululemon is feminine by original intent. Putting the two together would create a synergistic powerhouse.

Unfortunately, it could not be a synergistic marriage as the cultures are drastically different…
Read more

January 17, 2017

Chip Wilson Inc Interview

I recently came across this video of an interview I did a while back with CNBC’s Tyler Mathisen. I’m sharing it because it really captures the essence of lululemon’s success: a corporate culture that is based on employees who are aligned in values and purpose. We gave the tools to take good and make it great…
Read more

December 10, 2016

Chip Wilson BA’80, in Conversation with Jim Dewald

Speaking on November 30 at my alma mater, the University of Calgary, I had a chance to reflect on the culture that made lululemon such a success. It was always more important to me to go to work every day and be around people I loved than it was about money…
Read more

December 9, 2016

Chip Wilson BNN Interview

In my interview with BNN on December 8, I applaud lululemon management for delivering another solid quarter of growth. They’ve delivered a lot of what they promised. But I also continue to push them forward towards mindful innovation and back to the West Coast values that made the company great…
Read more

December 8, 2016

We can’t squander this momentum

As the co-founder of lululemon and its single largest shareholder, I’m encouraged by today’s Q3 results.

Net revenue, gross profit and total comparable sales are all up. While quarterly results never tell the whole story, from what we see today it’s clear that lululemon is on track for success…
Read more

November 15, 2016

lulu + vancouver = innovation

Innovation has always been at the heart of lululemon and its success. In 1980, when triathalons were in their infancy and the first Iron Man competitions began, no one had figured out how to make the transitional clothing that was required by the athletes. I’m always looking for solutions to the issues at hand – so it was automatic for me to give it a shot…
Read more

November 7, 2016

West Coast: Finding inspiration in Vancouver

I’ve recently been very vocal about reviving lululemon’s direct connection to Vancouver for a very specific reason: I’m convinced that where you are creates a conversation – and an opportunity. If you’re in Hollywood, you’ll be ahead of others in the entertainment business. If you’re in Portland,..
Read more