Under the stream of increasing number of people doing yoga, founder Chip Wilson showed the first Lululemon commercial in Vancouver, which transformed the company “Chip” in 1998 to the company “lululemon athletica” in 2007. The specialized products in lululemon atheletica present women’s and men’s clothing designed for yoga, dance and running.
This is the era for globalization, hence there exits increasing opportunities for lululemon athletica. The stores of Lululemon athletica locate mainly in North America, while have franchised company-owned stores in Australia. The oversea markets are always full of business opportunities with different feature among different countries. When a new brand appeals in a country, it can easily attract foreign investment and new customers. According to the 2010 annual video, stores in Australia experience considerable amount of profits (2010 Video Annual Review). The success of operation in Australia can be used while opening other oversea markets such as Hong Kong, where located the manufactory factory of lululemon athletica. Thus Lululemon athletica contains considerable opportunities in globalization.