VANCOUVER, British Columbia--(BUSINESS WIRE)--
lululemon athletica inc. (NASDAQ:LULU; TSX:LLL) today announced that
Chip Wilson, founder, Chairman of the Board and Chief Innovation and
Branding Officer of lululemon athletica plans to resign his executive
position of Chief Innovation and Branding Officer effective January 29,
2012. Mr. Wilson will continue to serve as Chairman of the Board of
Directors of lululemon. "I remain deeply committed to the Company's
continued success and given the strength we've built into the
organization over the past three years, I feel comfortable leaving the
company with Christine Day at the helm of a world class management team
whom I fully believe will continue to elevate our world. I look forward
to continuing to contribute in my role as Chairman of the Board," said
"Chip has created a legacy that has inspired the world and the mantle of
leadership and care for the culture, values and mission of lululemon is
now in our hands," said Christine Day, CEO of lululemon. "I am proud to
be leading lululemon and excited about our future."
About lululemon athletica inc.
lululemon athletica (NASDAQ:LULU; TSX:LLL) is a yoga-inspired athletic
apparel company that creates components for people to live a long,
healthy and fun life. By producing products that help keep people active
and stress free, lululemon believes that the world will be a better
place. Setting the bar in technical fabrics and functional designs,
lululemon works with yogis and athletes in local communities for
continuous research and product feedback. For more information, visit www.lululemon.com.
Joseph Teklits / Jean Fontana,
Alecia Pulman, 203-682-8224
Source: lululemon athletica inc.
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