Lululemon

Parent Company: Lululemon Athletica Inc.

Brand Value: $12,111 million

Headquarter City: Vancouver

YoY Change: 60%

Industry: Apparel

Year Formed: 1998

Lululemon is a sports apparel company for women and men. It began life as a design and yoga studio and launched its first store in November 2000. Originally, the brand specialized in yoga clothes for women, but has since expanded to a large range of sports apparel for both genders, including running, cycling, and various other athletic pursuits. Lululemon stores are unique in that they attempt to create a community hub, where people not only get a workout but also exchange ideas about healthy living, mindfulness, and living a hopeful and optimistic life. In January 2020, Lululemon acquired at-home exercise startup Mirror for US$500 million as part of its plan to expand beyond selling athletic clothing.