Lululemon, a designer and retailer of technical athletic apparel, including yoga-inspired apparel, announced the terms of its upcoming IPO on Tuesday. The company plans to offer 18.2 million shares, 15.9 million of which will be from selling shareholders, at a price between $10.00 and $12.00. It plans to list its shares both on the NASDAQ and on the Toronto Stock Exchange. Goldman Sachs and Merrill Lynch are bookrunning the deal.
