Chip Wilson, the guy who invented and founded Lululemon… Now wears arcteryx?
On the personal website of Chip Wilson, I actually really like him!
Triple the profit, vertical retailing?
THE MISTAKE THAT LED TO MY SUCCESS WAS AN INABILITY TO SELL MY LONG, BAGGY, WILD PATTERNED SHORTS TO WHOLESALERS. CONSEQUENTLY, I WAS FORCED TO OPEN MY OWN STORE. BECAUSE I OWNED MY MANUFACTURING AND MY STORES, I TOOK TRIPLE THE PROFIT AND CREATED VERTICAL RETAILING. IN 1985, I MOVED TO TORONTO TO SET UP A STORE AND EAST COAST PRESENCE. IN 1986, I PERMANENTLY MOVED TO VANCOUVER, BC.