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How Gen Z Spends

Motley Fool Money

Lulu Lemons' Acquisition of Peloton Is a Lesson Learned

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Investors cheered as Lulu Lemons beat earnings and revenue expectations. However, it did write down its mirror acquisition to about one tenth of the original purchase price. The goal of the acquisition is to make Lulu more of an experiential brand expand its digital and interactive capabilities.

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