The Ledger, every show
Every statement that passed quotation and attribution checks, across all 44 shows. Pick shows below, then mix any filter with any other.
shows 
every show 44 of 44
Wilson Blames Infamous Lululemon Pilling On Customers Sizing Down For Shapewear
“Women were coming into the store and not wanting Lululemon for athletics. They were coming in looking for it to shape their bodies. But the sewing technique and the fabric wasn't meant for it. So what they were doing is buying two to four sizes smaller than wh…”
Wilson claims 2013 sheer pants pilled because women bought sizes too small
“Suddenly, women were coming into the store and not wanting Lululemon for athletics. They were coming in looking For it to shape their bodies. But the sewing technique and the fabric wasn't meant for it. So, what they were doing is buying two to four sizes smal…”
Lululemon's board ousted Wilson as chairman, deeming him a public liability
“The board took me off as chairman because they felt like I wasn't the right front man for the company anymore, and I was a liability to Lou Lemon.”
Lululemon Tripled Competitor Margins By Controlling Both Manufacturing And Retail
“Nobody in the world had, was owning manufacturing right to the retail store. I mean, I was taking triple the profit of most people.”
Wilson: Lululemon Created First Cotton-Feeling Synthetic Athletic Fabric
“When I started to do my first design meetings with these 10 groups of 10 women, and we had like five or six samples, and they touched the fabric, and they put it on, it was the first time that really a synthetic fabric felt like cotton.”
Wilson: Lululemon captured triple normal retail profits through vertical integration
“I mean, you have to understand that, again, that nobody in the world had, was owning manufacturing right to the retail store. I mean, I was taking triple the profit of most people.”
Wilson accidentally sold 48% of Lululemon to private equity, losing board control
“I really only wanted to sell 30% of the stock to the private equity guys, but I ended up selling 48, so I lost control of the board seats, and I didn't know how to negotiate for them.”
Wilson: Mall Stand Made $1,000 Daily Selling Shorts Versus $120 at Oil Job
“In a day we'd make like a thousand dollars a day selling the shorts, and I was making like a 120 dollars at the oil company, so it wasn't tough to figure out the math of that.”
Wilson: West Beach wholesale lost $1M annually while retail made $1M
“My wholesale business was losing a million dollars a year, and then I had these two retail stores that were making a million dollars a year.”
Wilson: Lululemon's logo is a stylized 'A' from 'Athletically Hip'
“The logo actually came from Athletically Hip. So it was a stylized A from the athletic.”
Wilson: West Beach lost $1M on wholesale while retail made $1M
“My wholesale business was losing a million dollars a year, and then I had these two retail stores that were making a million dollars a year.”
Wilson: In the 1990s, gym culture ignored athletic apparel aesthetics
“At the time, the fashion of gyms was to wear your very worst clothing, and mostly because probably 90% of people in gyms were men, and, ah, and you know, you knew you were gonna sweat in it, you were gonna get ugly in it, and you just wanted to throw it in the…”
Wilson: The Lululemon logo originated as a stylized 'A' for Athletically Hip
“But the logo actually came from Athletically Hip. So it was a stylized A from the athletic.”
Wilson: Snowboard clothing commanded 4x to 5x the price of surf and skate apparel
“Snowboard clothing was four or five times the price of surf and skate t-shirts and shorts.”
Wilson made $1,000 daily selling shorts compared to $120 oil company salary
“And in a day we'd make like a thousand dollars a day selling the shorts, and I was making like a 120 dollars at the oil company, so it wasn't tough to figure out the math of that.”