Wed, 1 July 2020
Earlier this week, news broke that apparel brand Lululemon is buying Mirror, maker of a sleek, smart, home fitness device.
The move connects a strong lifestyle brand and massive retail footprint with an upstart in a related and quickly growing category -- but does it make sense?
We dive into the deal, how Mirror could be a huge boon for Lululemon, and talk about competitor Peloton.
Stocks: LULU, PTON