Lululemon
Canadian-owned · made overseas · based in British Columbia
Technical yoga, running and training apparel, footwear and accessories.
Vancouver, BC CA · shop.lululemon.com
Vancouver-headquartered, Nasdaq-listed technical apparel maker incorporated in Delaware, with diffuse public ownership and manufacturing spread across South and Southeast Asia.
Factors
Ownership
61.0 verifiedCA 70% · US 30%
lululemon athletica inc. is a Delaware corporation (10-K cover page) listed on the Nasdaq Global Select Market under LULU, headquartered in Vancouver. Its 2025 proxy statement shows no controlling shareholder: Vanguard 11.1%, FMR 11.0%, co-founder Dennis J. Wilson 8.4% (Vancouver address), and BlackRock 7.6%, each below any control threshold. Applying the public-company rule for diffuse control, allocated by HQ country (Canada) at 0.7 and listing venue (United States, Nasdaq) at 0.3; note the Delaware incorporation does not by itself move the mix under this rule.
- lululemon athletica inc. Form 10-K, fiscal year ended February 1, 2026 · filing “Delaware 20-3842867 (State or other jurisdiction of incorporation or organization)... Common Stock, par value $0.005 per share LULU Nasdaq Global Select Market”
- lululemon athletica inc. 2025 Proxy Statement (DEF 14A) · filing “The Vanguard Group, Inc. 13,324,642 11.1% ... FMR LLC 13,218,280 11.0% ... Dennis J. Wilson 10,083,247 8.4% 21 Water Street, Suite 600 Vancouver, BC ... BlackRock, Inc. 9,153,642 7.6%”
- SEC EDGAR company filing submissions for lululemon athletica inc. (CIK 0001397187) · filing “lululemon athletica inc. ... stateOfIncorporation: DE ... business address: 1818 Cornwall Avenue, Vancouver, British Columbia, Canada”
Manufacturing
20.0 verifiedother 100%
The 10-K reports that, by cost, 40% of products were manufactured in Vietnam, 18% in Cambodia, 11% in Sri Lanka, 11% in Indonesia, and 7% in Bangladesh during fiscal 2025, with the remainder in unspecified other regions; the company owns no manufacturing facilities. All named countries fall in the OTHER bucket and the unspecified remainder is treated the same for lack of further detail.
- lululemon athletica inc. Form 10-K, fiscal year ended February 1, 2026 · filing “During 2025, 40% of our products were manufactured in Vietnam, 18% in Cambodia, 11% in Sri Lanka, 11% in Indonesia, and 7% in Bangladesh, and the remainder in other regions”
People
6.3 inferredCA 10% · EU 6% · other 37% · US 47%
The 10-K states approximately 39,000 employees worldwide and lists executive and administrative offices concentrated in Vancouver, Canada, with a distribution center and offices also in the United States and Australia, but it does not disclose employee headcount by country. As a proxy, the mix follows the 10-K's company-operated store count by market (811 stores total: US 379, Canada 71, Mexico 26, China Mainland 172, and smaller counts across APAC and EMEA including 20 in the UK), with Canada's share nudged up slightly for the concentration of corporate staff at head office; EU bucket includes UK, Germany, France, and other EMEA store counts.
- lululemon athletica inc. Form 10-K, fiscal year ended February 1, 2026 · filing “As of February 1, 2026, we had approximately 39,000 employees worldwide. ... Number of company-operated stores by market February 1, 2026 ... United States 379 ... Canada 71 ... Mexico 26 ... China Mainland 172”
Inputs
20.0 verifiedother 100%
The 10-K reports that, by cost, 34% of fabric originated from Taiwan, 29% from China Mainland, 10% from South Korea, and 10% from Vietnam in fiscal 2025, with the remainder from other regions, and that suppliers of other materials (labels, elastics, buttons, clasps, drawcords) are located primarily in APAC and China Mainland. All named sourcing countries fall in the OTHER bucket.
- lululemon athletica inc. Form 10-K, fiscal year ended February 1, 2026 · filing “Approximately 34% of the fabric used in our products originated from Taiwan, 29% from China Mainland, 10% from South Korea, and 10% from Vietnam, and the remainder from other regions”
Where to buy
Found via
- web search: canadian owned athletic apparel 2026-09-13