lululemon athletica Appoints Robert Bensoussan to Its Board of Directors
VANCOUVER, British Columbia -- February 4, 2013
lululemon athletica inc. [NASDAQ: LULU; TSX: LLL] today announced that Robert
Bensoussan has been appointed to the company's Board of Directors. Mr.
Bensoussan’s appointment reflects lululemon’s increasing international focus
and his addition expands the Board to 11 members.
Chip Wilson, Founder and Chairman of the Board of Directors of lululemon
athletica, commented, "We’re unrolling our mat in some exciting new
international markets over the next few years and Robert’s extensive
experience and perspective will prove valuable to lululemon as we expand
Since 2008, Mr. Bensoussan has been a Director and the majority owner of
Sirius Equity LLP, a UK company that invests in retail and brands based in the
UK and Europe. In the past four years, Sirius has invested in UK shoe and
clothing retailer LK Bennett, Italian sportswear retailer and wholesaler
Jeckerson Spa and the UK’s feelunique.com, Europe’s largest online beauty
retailer. Mr. Bensoussan served previously as Executive Chairman and CEO of LK
Bennett and is now Non-Executive Chairman. He has also acted as the
Non-Executive Chairman of Jerkerson Spa since May 2008 and of feelunique.com
since December 2012.
Mr. Bensoussan is a Board member of Interparfums Inc. (Nasdaq: IPAR). He is
also a member of three private Boards, including Men’s retailer Celio
International (Belgium), Zen Cars (Belgium), an electric car rental company,
and Aurenis (France) a part-works publisher.
Previously Mr. Bensoussan was CEO (from 2001 to 2007) and a member of the
Board of Jimmy Choo Ltd (from 2001 to 2011), a privately held luxury shoe
wholesaler and retailer.
About lululemon athletica inc.
lululemon athletica (NASDAQ:LULU; TSX:LLL) is a yoga-inspired athletic apparel
company that creates components for people to live a long, healthy and more
fun lives. By producing products that keep people active and stress free,
lululemon believes that the world will be a better place. Setting the bar in
technical fabrics and functional designs, lululemon works with yogis and
athletes in local communities for continuous research and product
feedback.For more information, visit www.lululemon.com.
Joseph Teklits/Jean Fontana
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