On Monday, Bloomberg reported Lululemon is exploring a sale of the business. An analyst said selling Mirror could eliminate a "distraction" for Lululemon. Lululemon is exploring a sale of its Mirror ...
Lululemon acquired connected exercise equipment maker Mirror in 2020. At the end of 2022, the company wrote down most of the value of the Mirror purchase. As the clothing company reportedly markets ...
Peloton will be Lululemon’s digital fitness content provider, and co-branded apparel began selling through Peloton in select locations in October. The new partnership between Lululemon and Peloton ...
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It's becoming clear that Lululemon (LULU) burned roughly $500 million in shareholder capital via the ill-timed purchase of the connected-fitness platform Mirror. Buried in Lululemon's late Tuesday ...
Sometimes, a product is released that really makes you feel like you’re living in the future. A generation ago, it was the iPad. More recently, it was the electric can opener (can you imagine if ...
Lululemon finished off a strong year with 30% Q4 revenue growth and a 27% increase in comp sales, according to a company press release. For the year as a whole, revenue surged 30%, reaching $8.1 ...
Lululemon Athletica Inc. is looking to sell its Mirror in-home fitness business, according to reports Tuesday, three years after acquiring it for about $500 million. Bloomberg News reported Tuesday ...
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Yoga-pants purveyor Lululemon, which made a big bet on home exercise equipment amid the most intense stay-at-home phase of the pandemic, will cut 119 jobs on the programming side. The employees, who ...