Lululemon Mirror Price

LULU 042 rose 3 in after-hours trading Monday following its announcement that it has agreed to acquire Mirror an in-home fitness company.

Lululemon mirror price. Less than two feet of wall space becomes your personal fitness studio. A brand now owned by the fitness apparel company lululemon Mirror sells a 1500 smart workout machine that aims to bring the advantages of a brick-and-mortar fitness studio into the comfort of your home. Even without a COVID bump a 60 increase in valuation from one round to the next is not outrageous.

And when youre not using it to work out its a polished functional mirror. Is buying at-home fitness company Mirror for 500 million a deal that aims to capitalize on pandemic-fueled upheaval in the fitness and retail industries. - Get Report shares surged higher Tuesday after the athletic apparel company said it would purchase upstart at-home fitness company Mirror for around 500 million.

The company offers a mirror that turns into an interactive home gym. If youre even tangentially interested in fitness or youve watched live TV or ridden in a subway youve likely heard the name Mirror. The Mirrors elegant design fits seamlessly into any room in your home.

First Mirrors previous valuation was 300 million in a Series B that closed one year prior to the lululemon acquisition. When turned off it acts as a full-length basic mirror. MIRROR has become a much-loved part of our brand bringing all kinds of workouts to our guests in their homes.

Lululemon Athletica shares rose the most in more than two months on Tuesday after the yoga-wear maker agreed to buy Mirror a producer of in-home fitness equipment for 500 million. Shares of sports retailer Lululemon Athletica Inc. Lululemon is acquiring fitness hardware startup Mirror for 500 million.

Class subscriptions are 39 a month. Below that figure puts 290 back in play followed by the 50-day moving average and possibly the 260 breakout level. Why Lululemon Athleticas 500 Million Acquisition of MIRROR Makes Perfect Sense MIRROR brings a subscription revenue stream and plenty of cross-sell opportunities between the two fitness brands.