Lolë

Last updated • 1 min readFrom Wikipedia, The Free Encyclopedia
Lolë
Company type Private
Industry Retail and Wholesale
Founded2002;23 years ago (2002) [1]
Founder Bernard Mariette
Headquarters Montreal, 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
Parent Lolë Brands Canada ULC
Website lolelife.com
Sanuk sandals Sanuk sandalsA.jpg
Sanuk sandals

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]

Contents

Sanuk

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

  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. 1 2 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.


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