lululemon athletica Names Stuart C. Haselden Chief Financial Officer

VANCOUVER, British Columbia--(BUSINESS WIRE)--lululemon athletica inc. (NASDAQ:LULU) today announced that Stuart C. Haselden has been named as Chief Financial Officer, effective as of the start of his employment with the Company, which is expected to be February 2, 2015. He will report to the Company's Chief Executive Officer, Laurent Potdevin.

"I'm very pleased to welcome Stuart to our senior management team. Stuart's extensive background in financial management with global apparel retailers is a perfect fit for lululemon. I'm confident that his broad capabilities will strengthen our ability to build on our momentum as we develop our international footprint and create long-term, sustainable value," said Laurent Potdevin, CEO of lululemon athletica.

"Looking at the world-class team that Laurent has assembled, I'm excited to assume this role and contribute to lululemon's growth. Additionally, I look forward to working with our investor and shareholder community," stated Haselden.

Mr. Haselden's career spans 15 years of executive leadership at global apparel retailers, including J. Crew Group, Inc. and Saks Incorporated. In additional to his extensive financial management experience, his proven strengths include driving strategy, international growth, and shareholder value. Most recently, Mr. Haselden served as Chief Financial Officer and Executive Vice President of J. Crew since May 15, 2012 and also served as its Principal Accounting Officer. From 2009 to 2012, Mr. Haselden served as J. Crew's Senior Vice President of Finance and Treasurer, and served as Vice President of Financial Planning & Analysis from 2006 to 2009. Before joining J. Crew, Mr. Haselden served as the Vice President of Strategic Planning for Saks Incorporated where he held a variety of positions from 1999 to 2005. Mr. Haselden also serves on the advisory board of the School of Human Sciences at Auburn University.

Mr. Haselden has sustained a lifelong commitment to physical fitness rooted in his prior experience as a U.S. Army officer. He is an avid skier and runner and also enjoys cycling and outdoor activities with his wife and three children. He is looking forward to relocating the family to the Vancouver area.

About lululemon athletica inc.

lululemon athletica (NASDAQ:LULU) is a yoga-inspired athletic apparel company that creates components for people to live long, healthy and fun lives. By producing products that help keep people active and stress free, lululemon believes that the world will be a better place. 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.

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