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Retrieved on: 2025-10-13 20:10:15
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Summary
This article by marketing expert Mark Ritson examines Lululemon founder Chip Wilson's scathing Wall Street Journal critique of his former company's decline and corporate "GAP-ivization."
Wilson's public letter highlighted how Lululemon's board systematically dismantled the business model that made the athletic wear brand successful, leading to a 50% stock price drop over the past year. Ritson explores Wilson's four essential elements that companies lose during corporate growth: brand differentiation, product focus, entrepreneurial thinking, and creative leadership. The analysis reveals how successful companies often abandon the very qualities that drove their initial success as they pursue conservative growth strategies and corporate processes.
Article found on: www.adweek.com
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