Green’s Dictionary of Slang

lulu adj.

[lulu n.1 (2a)]

(US) notable.

[US]Goodwin’s Wkly (Salt Lake City, UT) 24 Feb. 9/3: [ad for burlesque show] Rollicking Girls [...] Bathing Girls. Poppy Girls. Lulu Girls.
[US]‘Iceberg Slim’ Airtight Willie and Me 38: She had a lulu lump under her right eye.