fbpx

lululemon to Donate 100 Percent of Profits from Sales* on June 21 to Increase Access to Yoga and Meditation Through Non-profit Partners

lululemon athletica (NASDAQ:LULU) today announced that, on June 21, the
company will donate 100 percent of profits* from its in-store and online
sales to benefit non-profit groups that increase access to yoga and
meditation for communities that face barriers to well-being. Funds will
be donated through Here to Be, the company’s social impact program
launched in 2016. The United Nations designated June 21 as International
Day of Yoga four years ago.

“The health benefits of yoga and meditation are undeniable,” said
Celeste Burgoyne, the company’s EVP, Americas, who oversees all global
store and digital operations for lululemon. “Cultural, geographic,
physical and financial barriers remain today that stand in the way of
people participating in yoga or meditation. Through Here to Be,
lululemon and our guests can support grassroots organizations focused on
well-being in our communities and around the world.”

lululemon anticipates the community investment to be more than $1
million, which could increase based upon guest response on International
Day of Yoga.

About the Here to Be program

Launched in 2016, lululemon’s Here to Be program creates equitable
access to yoga and meditation across social, physical and economic
barriers. To date, more than 300 non-profit organizations in 27
countries have received $5.4 million in grants, in-kind contributions
and support.

Here to Be partners currently serve groups such as: survivors of violent
conflicts and trauma; individuals with an illness or disability;
veterans; those who face systemic prejudice or bias; and at-risk youth,
to name just a few.

Many of the community organizations that become Here to Be partners are
identified through lululemon employees in each store. Yearly support
ranges from $2,500 for local partners to $100,000 for strategic partners
who create access at scale. Current partners, in the United States,
include: the LoveYourBrain Foundation, which serves people affected by
traumatic brain injuries in 23 states; Yoga Foster, which trains public
elementary school teachers in 49 states to integrate yoga into their
classrooms; I Grow Chicago, which provides a safe, intergenerational hub
for community members in Englewood; Red Clay Yoga, which empowers young
women of colour in the Atlanta area; and Warrior Spirit Retreat, which
serves veterans and their families. In the UK, Here to Be partners with
Ourmala, which provides services to refugees and asylum seekers.

More details about Here to Be can be found at: www.lululemon.com/heretobe

Survey in United States, Canada and the United
Kingdom

Earlier this month, lululemon commissioned a survey of more than 4,000
adults, between the ages of 18 and 64, in the United States, Canada and
the United Kingdom about current attitudes and participation levels in
yoga. The survey was conducted by Beall Research Inc.

Almost one-third of all respondents who do not currently have a yoga
practice feel they would not be welcomed in the yoga community.
Differences among men and women in the US were reflected in the survey,
with women being twice as likely to have practiced yoga in the last 12
months, while men between the ages of 30 to 44 are nearly three times
more likely to be unaware of the health benefits of yoga compared to
women of the same age.

Notably, across countries and demographics, about 80 percent of people
who practice yoga said they receive mental health benefits by doing so,
reducing stress and improving concentration. Two in five respondents
said receiving mental health benefits is the top reason they participate
in yoga.

“This survey reaffirms many long-held stigmas associated with yoga and
meditation, and powerfully shows that, across all groups and
geographies, the compelling benefits are recognized once someone
participates for the first time. With so much stress and tension around
us today, it’s never been more important to help communities and
individuals who face barriers to well-being,” said Burgoyne.

*Details of June 21

lululemon will donate 100 percent of profits which equals 16
percent of sales (net of returns, discounts, and sales taxes) made on
June 21, 2018 to non-profit organizations supported by Here to Be.
Profits for the day will be based on the company’s reported first
quarter operating profit margin rate of 16 percent. Purchase date
determined based on local store opening hours for in-store purchases,
and from 12:00 a.m. to 11:59 p.m. pacific time zone for online purchases
at www.lululemon.com.
Sales include those generated from online at www.lululemon.com
(including .hk, .eu, .ch, .au, .nz) and lululemon stores across Canada,
United States of America, Europe, Australia, New Zealand, Japan, Korea,
Taiwan of PRC, Singapore, Malaysia, and Hong Kong SAR of China.

About lululemon athletica inc.

lululemon athletica inc. (NASDAQ:LULU) is a healthy lifestyle inspired
athletic apparel company for yoga, running, training, and most other
sweaty pursuits, creating transformational products and experiences
which enable people to live a life they love. 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20180618005402/en/