BCBusiness

July 2015 Top 100 Issue

With a mission to inform, empower, celebrate and advocate for British Columbia's current and aspiring business leaders, BCBusiness go behind the headlines and bring readers face to face with the key issues and people driving business in B.C.

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98 BCBusinEss July 2015 YVR ranked among B.C.'s most loved brands in a survey by Ipsos Reid and BCBusiness. Maybe it's the breathtak- ing native art. Maybe it's the Canada Line, the quickest fixed-link connec- tion between a major airport and its downtown on the continent. Either way, between 2004 and 2013, revenues at YVR shot up 57 per cent, thanks in part to sales and rents from its retail tenants, which this summer will include a new outlet mall on site. Thank the global traveller for all this spending. Last year, YVR—with plans to become North America's gateway to Asia—processed almost as many international flyers as San Francisco International. Lululemon Athletica inc. Revenue change: 21.1% net income: $288 million net income change: -48.7 When new CEO Laurent Potdevin took over in January 2014, he had his work cut out for him. Lululemon's share price had plummeted from $82 in June 2013 to $38 a year later, and the iconic brand was still suffering under the weight of some bad press (sheer pants, anyone?). He must be doing something right. Backed by strong fourth-quarter sales, Lululemon finished 2014 with a healthy increase to revenues. Profit was down—but, as they say, you need to spend money to make money; Lululemon is expanding aggressively abroad, with plans to add 40 new stores throughout Europe and Asia by the end of 2017. As of May, its stock had bounced back to $65. MacDonald, Dettwiler and Associates Ltd. Revenue change: 15.4% net income: $47 million net income change: -55.3% While not the most consumer-facing of tech companies, the space-minded firm that built both Canadarms blasted off in 2012 following an $875-million acquisition of California-based satellite maker Space Systems/Loral. Despite lower profits, 2014 was another good year for MDA, which scored numerous large contracts (one of them with a major U.S. government agency to upgrade airport navigation) as its share price continued its ascent.

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