The deal is expected to close in the second quarter of fiscal year 2020 with Mirror continuing to operate as a stand-alone firm within Lululemon.
The influencer has been leading thousands in online workouts during quarantine.
The retailer fell short on both top and bottom line results last quarter. But executives say it’s only temporary.
But the effects of the coronavirus Stateside are yet to be seen.
Cornell University’s department of fiber science and apparel design looks to natural dyes for more sustainable production.
The brand is made up of athletes designing for athletes. “And we’re in the early innings,” McDonald says.
The women’s ath-leisure apparel brand plans to use the investment to expand its product categories, hire additional staff and revamp its web site.