Lululemon buys fitness company Mirror for $500 million

Lululemon Athletica said on Monday it would buy home fitness content maker Mirror for $500 million, as the high-end yogawear company looks to cash in on booming demand for at-home fitness classes spurred by coronavirus lockdowns. Mirror launched in 2018 and offers weekly live classes, as well as on-demand workouts. Lululemon shares rose 1.7 percent...