Podknife - Wildcard: A $500 Million Mirror by Industry Focus

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Wildcard: A $500 Million Mirror

Podcast |: Industry Focus
Publisher |: The Motley Fool
Media Type |: audio
Podknife tags |: Business,; Business News,; Investing,; Stock Market
Categories Via RSS |: Business,; Business News,; News
Publication Date |: Jul 02, 2020
Episode Duration |: 00:40:16

Earlier this week, news broke that apparel brand Lululemon is buying Mirror, maker of a sleek, smart, home fitness device.

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?

We dive into the deal, how Mirror could be a huge boon for Lululemon, and talk about competitor Peloton.

Stocks: LULU, PTON

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