Peloton shares soar on digital content, apparel partnership with Lululemon
As it announced the Peloton partnership, Lululemon said it would stop selling the Studio Mirror device by the end of the year.
Stay updated with breaking news from Studio Mirror. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
As it announced the Peloton partnership, Lululemon said it would stop selling the Studio Mirror device by the end of the year.
Forms strike 5-year deal as partners in athletic apparel and digital fitness
Under the deal, Peloton would become the exclusive digital fitness content provider for the apparel maker, developing all content for Lululemon Studio beginning early 2024. In return, Lululemon would be the fitness bike maker's primary athletic-apparel partner. The fitness platform provider, once a pandemic darling, has taken a series of measures to cut costs.
Forms strike 5-year deal as partners in athletic apparel and digital fitness
Access to gyms or workout classes is a priority for more than one in four global travelers, according to a recent survey. Hotels are bulking up their gyms in response, and cruise ships, airlines, and airports are getting in on this trend, too.