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lululemon athletica Names Miguel Almeida, Executive Vice President, Digital

VANCOUVER, British Columbia--(BUSINESS WIRE)--Jun. 25, 2015-- lululemon athletica inc. (NASDAQ:LULU) today announced that Miguel Almeida has been named as Executive Vice President, Digital, effective as of the start of his employment with the Company, which is expected to be mid-July. He will report to the Company’s Chief Executive Officer, Laurent Potdevin.

“Digital is the global store that has no walls – one where we can offer our entire product assortment, speak in all languages and allow our stories and ambassadors to come to life in ways that we haven’t yet imagined,” said Laurent Potdevin, CEO of lululemon athletica. “With his track record of accelerating digital transformations, Miguel is well-positioned to champion lululemon’s digital world and lead our strong digital team in creating a seamless experience for our guests across all touch points – whether it’s in store, on the web, or through a mobile device.”

Mr. Almeida’s career spans over 15 years of operational and senior leadership with a keen focus on digital strategies. Most recently, he was the Group VP, Digital Commerce and Mobile solutions for Walgreens where he was responsible for omni-channel initiatives, mobile solutions, and online-to-consumer commerce across a variety of digital brands. Prior to joining Walgreens, Miguel held senior roles in the online groups of Apple and Dell where he drove global online expansion for both companies. Previously, he was a strategy consultant with The Boston Consulting Group where he worked across multiple countries in Europe and South America mainly in high technology, telecom, ecommerce, marketing and retail.

“Digital provides a unique platform to amplify the power of the lululemon brand in innovative ways, deepen the connection with our guests across all channels and extend our reach globally,” said Miguel Almeida. “Ultimately, it’s about helping guests find inspiration, the right product and empowering them to live their best lives.”

Mr. Almeida received a licentiate degree in business administration from Universidade Catolica Portuguesa in Lisbon and holds an MBA from Harvard Business School. An avid endurance runner, Miguel looks forward to relocating to Vancouver with his wife and young son and to exploring some of the greatest training places in the world.

About lululemon athletica inc.

lululemon athletica inc. (NASDAQ:LULU) is a yoga-inspired athletic apparel company with products that create transformational experiences for people to live happy, healthy, fun lives. 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.

Source: lululemon athletica inc.

Investors:
ICR, Inc.
Joseph Teklits/Jean Fontana
203-682-8200
or
Media:
ICR, Inc.
Alecia Pulman
203-682-8224

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding lululemon athletica inc (PR)'s business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report or Form 10-K for the most recently ended fiscal year.