Lululemon Athletica has announced it has entered into an agreement with MIRROR. MIRROR is an in-home fitness company that has created an interactive workout platform featuring live and on-demand classes. This acquisition is for the purchase price of $500 million.
Calvin McDonald, Chief Executive Officer of lululemon, said in the press release, “In 2019, we detailed our vision to be the experiential brand that ignites a community of people living the sweatlife through sweat, grow and connect. The acquisition of MIRROR is an....