When a girl in lululemons with a very nice ass walks past, and one becomes so hypnotized by checking them out that they dont watch where they are going, and usually end up hitting a wall. The luluhypnosis victim usually becomes so astounded that even though they know they're caught and look like a perverted idiot, they still dont stop staring.
Penny: OMG did you see Tom? he walked right into the wall and wouldnt stop staring at my butt!

Cassidy: Well you are wearing lululemons, he probably got a bad case of luluhypnosis

Example 2:

Paul: *drool

Jeff: Damn it Paul come back to us!

Ryder: Its no use, Jeff, hes got luluhypnosis
by CodyTheCreator November 15, 2011

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