Finance
Mirror Wanted to Be the Next iPhone. Instead, It’s Selling to Lululemon.
Why would the startup sell for $500 million when sales were booming in the middle of a pandemic? Putnam’s Mirror, […]
Planet Fitness Charged People Its Yearly Fee Even Though the Gym Was Closed for Months
It’s the start of the month which means a lot of things for people paying their own bills. It’s payday […]
Lululemon Looks Into the Mirror for Its Next Chapter
Lululemon Athletica Inc. is stretching itself into a new area of business. The seller of yoga pants and other workout apparel […]
Garmin acquires analytics company behind its smartwatches’ fitness, health tracking features
Firstbeat Analytics provides software that helps monitor stress, sleep, respiration rate and more for Garmin and other consumer smartwatch makers. […]
Lululemon Athletica Inc. to Acquire Home Fitness Innovator MIRROR
Acquisition will advance lululemon’s strategic vision by strengthening its omni guest experiences through digital sweat Lululemon Athletica Inc. (NASDAQ:LULU) today […]
Nike Announces Likely Job Cuts, $790 Million Loss (UPDATE)
Nike CEO John Donahoe announced in a company-wide email on Thursday that the brand will soon be “forced to make […]
Peloton hits record, and chart indicates another 28% rally ahead
Peloton keeps pedaling higher: Its shares were up 3.5% in Wednesday’s premarket. The exercise bike maker’s stock has rallied more […]
Nike Is a Winner as Virus Brings Focus on Wellness, Analyst Says
Amid the global pandemic, one silver lining may be consumers’ desire to refocus on health and wellness. For many people, […]
GNC files for bankruptcy and will close up to 1,200 stores
GNC has filed for bankruptcy, warning it will close up to a quarter of its stores and search for a […]
Tilton Fitness to Close Permanently July 1 Amid COVID-19 Pandemic
Tilton Fitness, powered by Hackensack Meridian Health, announced Wednesday it will close its doors on Wednesday, July 1, citing the […]
