lululemon is well known as a retailer of high quality “athleisure” clothing. The fact that its products are proprietary along with their brand reputation allows them to sell at very lucrative margins. While the head office is in Vancouver and its design activities are headquartered there, lululemon is registered as a U.S. company and trades on Nasdaq and not in Toronto.
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LULU was first recommended here on June 6, 2021