Lululemon & Nike Sales Are Slumping, Will Wearables Be Next?
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April 5, 2024
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The growth in outdoor tech such as buds and smart tracking devices during Covid lockdowns was significant, so was the demand for... Read More
Macy’s To Close 5 Stores & Cut Over 2,000 Jobs
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January 22, 2024
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Macy’s has revealed plans to lay off around 13% of its corporate staff, along with closing down five stores, in an attempt... Read More
Lululemon Can’t Sell Fitness Gadget Mirror, Despite 90% Markdown
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June 23, 2023
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Athletic apparel company Lululemon paid A$740 million for fitness tech gadget Mirror during the pandemic-driven home fitness boom, but is struggling to... Read More
Peloton Accused Of Bullying Competitors
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February 11, 2022
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With the Peloton interactive fitness domain in chaos, with the CEO ousted, mass sackings and former workers storming the building, they are... Read More
Nike Sues Lululemon Over Mirror Home Gym
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January 7, 2022
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Nike has filed a lawsuit against Lululemon, accusing the company of multiple patent infringement for manufacturing and selling their Mirror Home Gym,... Read More
‘Mirror’ Bought For Half-Billion Dollars By Lululemon
Smart mirror maker, Mirror, has been acquired for US$500 million by women’s fitness apparel behemoth, Lululemon, as demand for at-home workout streaming... Read More
