added by sari · updated 2y ago
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- Lululemon, the purveyor of expensive athleisure and activewear, is betting on the future of personalized remote exercise as a way to reach customers by acquiring Mirror, a home fitness start-up that sells a $1,495 wall-mounted machine for streaming workout classes.
from Lululemon to Buy Mirror, a Fitness Start-Up, for $500 Million (Published 2020) by Sapna Maheshwari
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Lululemon to Buy Mirror, a Fitness Start-Up, for $500 Million (Published 2020)
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- The $500 million purchase, which Lululemon announced on Monday, is the company’s first acquisition and follows its $1 million investment in Mirror last year.
from Lululemon to Buy Mirror, a Fitness Start-Up, for $500 Million (Published 2020) by Sapna Maheshwari
sari added