
Wildcard: A $500 Million Mirror
ChocolateBae ๐ซ ๐ฅ
40 minโข0 playsโข0 favorites
Business & Finance
Description
<p>Earlier this week, news broke that apparel brand Lululemon is buying Mirror, maker of a sleek, smart, home fitness device.</p> <p>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?</p> <p>We dive into the deal, how Mirror could be a huge boon for Lululemon, and talk about competitor Peloton.</p> <p>Stocks: LULU, PTON</p>