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Lululemon also announced it intends to discontinue sales of the Lululemon Studio Mirror before the end of the year and will also discontinue its digital app-only membership tier on Nov. 1.
And now, lululemon shoppers will be even more pumped up about the company. On ... New Fitness Platform 'lululemon Studio' Just Launched With a High-Tech Mirror That Shows Both You and Your Virtual ...
CEO Calvin McDonald, who has helmed Lululemon for nearly five years (and joined Disney's board in 2021), signed off on the purchase of Mirror for $500 million in June 2020 at a point in the COVID ...
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Lululemon was founded in 1998 by Chip Wilson in Vancouver, British Columbia with its first standalone store opening in November 2000. [5] [6] In 1997, Wilson had been doing yoga and had an idea to make yoga apparel for women using a proprietary skintight fabric he developed to enhance their appearance. [7]
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Workout apparel retailer Lululemon's (LULU) acquisition of Mirror during the pandemic was about strengthening the company's relationship with customers, says CEO Clavin McDonald.