Balandra Capital invests in the Mexican licensee of Lululemon
Mexico City, Mexico (October, 2021)
Balandra Capital is excited to announce the acquisition of a minority stake in the Mexican licensee company of Lululemon Athletica, the renowned global athletic apparel brand.
As the exclusive Mexican licensee for Lululemon Athletica Canada, the company has been instrumental in introducing and expanding the brand’s iconic product line across the country. Known for its high-performance apparel, Lululemon has gained a loyal following in Mexico, with a growing number of retail locations. This partnership will further enable the Mexican licensee to accelerate its expansion plans and enhance its offerings to meet increasing demand.
As more consumers embrace healthy and active lifestyles, demand for high-quality, stylish, and performance-driven apparel is on the rise. With this acquisition, Balandra supports the company’s expansion strategy and capitalizes on the market’s upward trajectory.
About Balandra Capital
Balandra Capital is a merchant bank with an investment and advisory platform that serves founders, family offices, businesses, and long-term investors across the Americas.
For more information: www.balandracapital.com
About Lululemon Mexico
The Mexican licensee company of Lululemon Athletica sells high-performance, technical gear that combines functionality, style, and comfort, making it a favorite among athletes and wellness-conscious individuals worldwide.
Contact
Balandra Capital - Investor Relations
