Add Yahoo as a preferred source to see more of our stories on Google. Lululemon is considering selling its Mirror business, which could eliminate a "distraction," according to one analyst.Courtesy ...
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 ...
Investors are all over a Bloomberg News report earlier this week that Lululemon Athletica (US:LULU) is exploring selling Mirror, the company’s fitness equipment maker. The apparel brand acquired the ...
Mirror, which Lululemon acquired for $500 million in June 2020, quickly turned from a promising acquisition to an uncertain, and sometimes concerning, piece of Lululemon’s core operations. "I think ...
Lululemon slashed its sales forecasts for the year for its Mirror brand on Thursday. The company acquired Mirror for $500 million in 2020. Increased competition and the reopening of gyms have dented ...
Forbes contributors publish independent expert analyses and insights. Dev is the CEO of Jump, the strategy firm for future-focused leaders. Last week, lululemon founder Chip Wilson took out a ...
Lululemon is exploring a sale of its Mirror fitness-product business, according to Bloomberg. The sportswear company acquired the business for $500 million in 2020, at the height of the at-home ...
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