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Lululemon inks US$500m deal to buy in-home fitness firm Mirror

2020-06-30 13:13:00| Daily apparel & textile news and comment - from just-style.com

Canadian activewear brand Lululemon Athletica is to acquire in-home fitness company Mirror for US$500m amid a rise in home workouts sparked by lockdowns following the Covid-19 pandemic.

Tags: buy fitness deal firm

Amazon to buy autonomous driving specialist Zoox for over USD 1 bln - report

2020-06-26 14:47:00| Telecompaper Headlines

(Telecompaper) Amazon is expected to soon announce the acquisition of autonomous driving specialist Zoox, based in Foster City, California, for over USD 1 billion, The Information and The Financial Times reported. The company, which employs 1,000 people, is developing an electric self-driving vehicle.

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PepsiCo buy prompts termination of AG Barr's Rockstar deal in the UK

2020-06-24 13:48:00| Daily beverage news and comment - from just-drinks.com

AG Barr is preparing to bid farewell to Rockstar Energy Beverages, three months after PepsiCo lined up the acquisition of the UK group's energy drinks partner.

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Campari Group and Cuervo - The next big spirits buy? - analysis

2020-06-22 20:24:00| Daily beverage news and comment - from just-drinks.com

After six years of waiting, could the next transformative deal for the spirits industry be on the horizon? To observers, Campari Group's manoeuvres of late suggest as much, with one analyst going so far as to name Cuervo as a possible target.

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