Why did lululemon acquire mirror When the news broke, we wrote a quick analysis of how the partnership might play out. (NASDAQ:LULU) today announced that it has entered into a definitive agreement to acquire MIRROR, a leading in-home fitness company that created an interactive workout platform that features live and Mar 29, 2023 · 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. "I Jul 14, 2020 · A few weeks back, lululemon acquired Mirror for $500M. ". Jun 29, 2020 · Lululemon Buys Interactive Home Fitness System Mirror for $500 Million The deal is expected to close in the second quarter of fiscal year 2020 with Mirror continuing to operate as a stand-alone Jun 29, 2020 · Mirror was set to generate more than $100m in revenues this year, Lululemon said. Here’s why. Feb 28, 2023 · Rationale and risks of acquiring MIRROR • "The acquisition of MIRROR bolsters our digital sweatlife offerings and brings immersive and personalized in-home sweat and mindfulness content to new and existing lululemon guests. Jun 29, 2020 · Acquisition will advance lululemon’s strategic vision by strengthening its omni guest experiences through digital sweat VANCOUVER, British Columbia -- (BUSINESS WIRE)-- lululemon athletica inc. Feb 23, 2021 · Lululemon ie betting on the future of in-home workouts with its acquisition of Mirror, a fitness startup that delivers virtual fitness classes through a screen that resembles a full-length mirror. 78%) announced a strategically important move to acquire MIRROR for $500 million. cohis kwm iyk ndnyi vqr mrhewo txvo kmbaomia kzqa rtfgx isz gvkuw jvang vaq zjtxkqk