Lululemon Athletica reported Tuesday (Sept. 8) that direct-to-consumer (D2C) net revenue was $554.3 million for the second quarter, which concluded Aug. 2, marking a 155...
Fitness equipment maker Tempo, whose home workout systems retail for nearly $2,000, has seen its valuation hit $250 million amid a massive surge in interest...
It’s the end of the work week, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments...
Now that many consumers have to make appointments to go to the gym or use a specific piece of equipment amid the pandemic, will they...
The digital shift at retail continued its momentum this week as Walgreens and Lululemon both made significant moves to embrace the online consumer experience. While...
In a move that caught much of the world off guard, athleisure giant Lululemon announced plans this week to buy home-exercise technology startup Mirror for...
Lululemon has entered into an agreement to buy in-home fitness company MIRROR for $500 million, according to a Monday (June 29) press release. MIRROR, launched in...
As it shuttered stores and decreased operating hours due to the coronavirus pandemic, Lululemon Athletica said, direct-to-consumer (DTC) net revenue jumped 68 percent for the...
As it experiences strong competition from Lululemon and Nike, Under Armour is predicting a sales drop this year as it grapples with bringing customers to its training...