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Lolë

From Wikipedia, the free encyclopedia
Lolë
Company typePrivate
IndustryRetail and Wholesale
Founded2002; 22 years ago (2002)[1]
FounderBernard Mariette
HeadquartersMontreal, Quebec, Canada
Number of locations
6 (2024)
Areas served
North America, Europe
Key people
  • Todd Steele (CEO)
  • Nicolas Beetez (COO)
  • Raphael Groulx
  • Rob French
  • Nadine Garneau
  • Vanessa Marinesi
ProductsAthletic apparel
BrandsSanuk
ParentLolë Brands Canada ULC
Websitelolelife.com

Lolë is an athletic apparel designer and retailer based in Montreal, Quebec, Canada.[2] The company was founded in 2002 by Bernard Mariette, and currently operates 5 stores in Canada and 1 store in the U.S.[3] Much of its business is in wholesale, distributed to retailers like Nordstrom to be sold in stores.[4][5] The company name Lolë is an acronym for 'Live out loud every day'.[4][6] In June 2018, the company announced an expansion into men's athletic apparel.[7]

Sanuk

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Sanuk, a sandal brand based in Southern California, was founded in 1997. Sanuk is the Thai word for fun.[8] Founder Jeff Kelley, a Southern California native, started by making sandals out of indoor-outdoor carpet and inner tubes.[9] In 2010, Sanuk's "Yoga Mat Sandal" was awarded SIMA's "Footwear Product of the Year".[10] Deckers Brands acquired Sanuk in 2011 for $120 million;[11] Lolë acquired Sanuk in August 2024 for an undisclosed sum.[12]

References

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  1. ^ "Downtown Oakville: Lolë". Retrieved 27 June 2017.
  2. ^ Krashinsky Robertson, Susan (18 April 2013). "The Lululemon rival that grew rapidly with almost no advertising". The Globe and Mail. Retrieved 25 May 2017.
  3. ^ "Lolë stores". lolelife. Retrieved 15 July 2024.
  4. ^ a b Kelly, Jeanette (12 October 2012). "Lolë, a made-in-Quebec activewear success story". CBC Radio. Retrieved 25 May 2017.
  5. ^ Strauss, Marina (23 April 2014). "Montreal's Lole takes aim at struggling Lululemon's market". The Globe and Mail. Retrieved 25 May 2017.
  6. ^ "About us". lolelife. Retrieved 15 July 2024.
  7. ^ "Metrotown Target Store Replacement Revealed, Lolë Expands into Men's Wear". Retail Insider. 17 June 2018. Retrieved 23 June 2018.
  8. ^ "Thai Culture in Language". thaiarc.tu.ac.th. Retrieved September 16, 2020.
  9. ^ "Happy Pursuits: Sanuk In Manila". INQUIRER.net. Archived from the original on January 2, 2014. Retrieved April 14, 2014.
  10. ^ "SIMA Image Awards". 2016-04-02. Archived from the original on 2016-04-02. Retrieved 2022-10-25.
  11. ^ "Sanuk founder on sandals success and growing your business". San Diego Union-Tribune. September 12, 2011. Retrieved November 10, 2021.
  12. ^ Garner, Stephen (2024-08-15). "Deckers Sells Sanuk to Canadian Active Company Lolë Brands". Footwear News. Retrieved 2024-09-06.