• Gap and Victoria's Secret both made offers to acquire Lululemon in the early 2000s, the athleisure company's founder reveals in new tell-all book

    1 month ago - By Business Insider

    Lululemon founder Chip Wilson reveals in a new tell-all book that Gap , Victoria's Secret , and Liz Claiborne made bids to acquire the company in the early 2000s.
    Wilson criticized Gap's $200 million buyout offer , writing that it was "inadequate" and that at the time, the company was "sucking on all cylinders."
    Gap later acquired Athleta - a major competitor of Lululemon - for $150 million.
    Lululemon founder Chip Wilson is dishing the dirt in a new tell-all book called "Little Black Stretchy Pants."
    The controversial creator of the first athleisure brand revealed that he was approached by...
    Read more ...

     

  • Gap and Victoria's Secret both made offers to acquire Lululemon in the early 2000s, the athleisure company's founder reveals in new tell-all book

    Gap and Victoria's Secret both made offers to acquire Lululemon in the early 2000s, the athleisure company's founder reveals in new tell-all book

    1 month ago - By Business Insider

    Lululemon founder Chip Wilson reveals in a new tell-all book that Gap , Victoria's Secret , and Liz Claiborne made bids to acquire the company in the early 2000s.
    Wilson criticized Gap's $200 million buyout offer , writing that it was "inadequate" and that at the time, the company was "sucking on all cylinders."
    Gap later acquired Athleta - a major competitor of Lululemon - for $150 million.
    Lululemon founder Chip Wilson is dishing the dirt in a new tell-all book called "Little Black Stretchy Pants."
    The controversial creator of the first athleisure brand revealed that he was approached by...
    Read more ...