Web Reference: In 1979, Wilson founded his first retail apparel company, Westbeach Snowboard Ltd, which sold apparel targeted at the surf, skate, and snowboard markets. He sold Westbeach in 1997 and founded Lululemon Athletica in 1998. [10][11] Mar 14, 2026 · Lululemon is facing criticism from Wall Street, customers, and an opinionated former executive and founder of the brand. Yuki Iwamura/Bloomberg via Getty Images. Dec 29, 2025 · Chip Wilson founded Lululemon Athletica Inc. in 1997 after selling his first apparel company. During his tenure, Wilson became known for his controversial remarks and mishandling of company...
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