Report: Lululemon is Shopping Mirror
The lulunatics are exploring a sale of Mirror, which it acquired for $500 million almost three years ago, according to a report in Bloomberg citing sources familiar with the matter. LULU has acknowledged that Mirror sales have been disappointing, and announced on its Q4 earnings call that it was shifting focus away from Mirror hardware to its Lululemon Studio app, which will see a ... Log in to view full article.
