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Lululemon Founder Chip Wilson Is Starting Athletic-Brand Venture

The business will include new brands as well as existing small brands.
Woman wearing activewear leggings in yoga pose.
Wilson has diversified his holdings since building up his fortune with Lululemon, which pioneered the athleisure category. (Unsplash)

Chip Wilson is building up a business of small athletic-focused brands, according to a person familiar with the matter, setting up new avenues for potential growth for the billionaire founder of Lululemon Athletica Inc.

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