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Home INTERNATIONAL Lululemon to purchase at-home exercise company Mirror for $500 million

Lululemon to purchase at-home exercise company Mirror for $500 million

Lululemon is attaining the in-property fitness corporation Mirror for $500 million, the retailer declared Monday. Following the closing of the offer, Mirror will operate as a standalone company within just Lululemon, and its existing CEO Brynn Putnam will carry on as Mirror’s CEO, reporting to Lululemon chief Calvin McDonald. The deal is expected to close in the 2nd quarter of fiscal 2020, the businesses claimed. This is a producing story. Please verify back for updates. 

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