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PTON - Lululemon's Deal For Mirror Solidifies The Company's Growth Strategy Disrupts The Competition
Peloton Interactive Inc.
With athletic apparel maker Lululemon (LULU) and the fast-growing exercise/media company Mirror formally exchanging “namastes” last week, an integrated fitness conglomerate was born. The deal should be viewed as a shot across the bow for entrenched athletic apparel makers Nike (NKE) & Under Armour (UAA) and as a declaration of war on the exercise darling Peloton (PTON). The synergies the combination creates will fuel the long-term strategic plans already in place for both LULU and Mirror.
I have written about LULU a number of times over the