What year did Lululemon go public?

Lululemon went public in 2007. Its initial public offering took place in July of that year, marking the transition from a growing private retailer to a publicly traded company.

The IPO raised about $327.6 million through the sale of 18.2 million shares on the Nasdaq exchange. Lululemon’s public-market debut helped finance expansion beyond its Canadian base, especially as the company built a larger presence in the United States. The business had been founded in Vancouver by Chip Wilson in 1998 and had developed a strong identity around yoga and technical athletic apparel.

A frequent mistake is placing the IPO in 2005 or 2008. In 2005, Wilson sold a substantial stake to private-equity firms, but that was not the public offering. Christine Day became chief executive in 2008, one year after the IPO, which may also cause confusion about the timeline.