Top brands such as Lululemon, launched in with an innovative perspective on Yoga clothes and running gear to grab a portion of the billion dollar athletic apparel market. Styled as lululemon athletica, it is a self-described yoga-inspired athletic apparel company, which produces a clothing line and runs international clothing stores from its company base in Vancouver, British Columbia, Canada. Founded in 1998 by Daniel “Chip” Wilson the first Lululemon store in Kitsilano, British Vancouver. Lululemon Athletica announced an initial public offering in May 2007 and became a public company on July 27, 2007 (NASDAQ: LULU)
Since it’s inception, Lululemon has ranked in more than $1 Billion selling Athletic Apparel and Accessories
Samsung is the leader in smartphones or are they? Samsung said Tuesday that second quarter profit could plummet 25%. The company had problems selling smartphones in Europe and China. Samsung is not sweating. They have so much money and a diverse product offering.
Not only does Samsung sell consumer electronics, but they sell and manufacture: Products Apparel, chemicals, consumer electronics, electronic components, medical equipment, precision instruments, semiconductors, ships, telecommunications equipment, Services Advertising, construction, entertainment, financial services, hospitality, information and communications technology services, medical services, and retail.