9 big things: Lululemon’s $500M bet on sweating at home
At some point in the future, the threat of COVID-19 will begin to fade. When that will be is still anybody’s guess. But whenever that wonderful day arrives, it seems safe to assume that post-pandemic life is going to look a little different.
An example: For many, the idea of crowding into a tightly packed gym to lift weights, do yoga or take a spin class with a bunch of other sweaty, panting people might not hold the same appeal it used to.
It’s only a hypothesis. But if a $500 million deal lined up this week is any indication, it’s one that an athletic apparel icon is taking very seriously.
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