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What Happened to Mirror (Lululemon fitness device)?

Mirror, an interactive at-home fitness device, was acquired by Lululemon for $500 million in 2020, rebranded as Lululemon Studio, but ultimately struggled to maintain momentum after the pandemic-driven surge in home fitness. By late 2023, Lululemon discontinued the sale of the Mirror hardware and entered a five-year partnership with Peloton, making Peloton the exclusive digital fitness content provider for existing Mirror devices.

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Quick Answer

Lululemon discontinued the sale of its Mirror fitness device hardware by the end of 2023, following a strategic shift and a new five-year partnership with Peloton. While new Mirror devices are no longer sold, existing Lululemon Studio Mirror owners can still access Lululemon's on-demand content and a vast library of Peloton classes through their devices and the Lululemon Studio app. The company ceased producing new Lululemon Studio content after spring 2024, focusing its digital fitness strategy on the Peloton partnership and its core apparel business.

📊Key Facts

Acquisition Price
$500 million
Lululemon, Valuentum, Retail Dive
Acquisition Date
June 29, 2020
Lululemon, Valuentum
Mirror Valuation (March 2023)
$58 million
Forbes
Hardware Discontinuation
End of 2023
Retail Dive, CNET
Peloton Partnership Duration
5 years
Retail Dive, PCMag

📅Complete Timeline12 events

1
2018Major

Mirror Launches

Mirror, an interactive at-home fitness device, is launched, offering live and on-demand workout classes.

2
Mid-2019Notable

Lululemon's Initial Investment

Lululemon makes its first investment in Mirror, signaling early interest in the connected fitness space.

3
June 29, 2020Critical

Lululemon Acquires Mirror

Lululemon announces the acquisition of Mirror for $500 million in cash, aiming to integrate it into its 'Power of Three' growth strategy.

4
2020Major

Strong Initial Performance

Mirror is expected to generate $100 million in revenue, benefiting from the surge in at-home fitness during the pandemic.

5
December 10, 2021Major

Mirror Sales Underperform

Lululemon slashes Mirror's revenue outlook for fiscal year 2021, acknowledging challenges in the digital fitness market as gyms reopen.

6
October 5, 2022Major

Rebranded as Lululemon Studio

Mirror is officially rebranded as Lululemon Studio, with a reduced hardware price of $795 and new membership benefits, including discounts on Lululemon products and partner studio classes.

7
July 17, 2023Critical

Layoffs and Impairment Charges

Lululemon lays off 100 Lululemon Studio employees and takes a $442.7 million impairment charge, valuing the Mirror business at $58 million.

8
September 28, 2023Critical

Peloton Partnership Announced & Hardware Discontinuation

Lululemon announces a five-year global partnership with Peloton, making Peloton the exclusive digital fitness content provider. Concurrently, Lululemon states it will discontinue selling the Lululemon Studio Mirror hardware by the end of 2023.

9
November 1, 2023Major

Peloton Content Integration

Lululemon Studio All-Access members gain access to Peloton's extensive class library through their Mirror devices at their current subscription price.

10
December 19, 2023Notable

Tonal Announces Trade-In Program

Tonal launches a 'Mirror Trade-In' program, offering discounts and free memberships to former Mirror users.

11
Spring 2024Major

Lululemon Studio Content Production Ends

Lululemon ceases production of new Lululemon Studio fitness content, with the focus shifting entirely to Peloton for new digital offerings on the Mirror device.

12
July 17, 2026Critical

Current Status: Content-Only for Existing Devices

As of today, the Lululemon Studio Mirror hardware is no longer sold. Existing owners continue to access Lululemon Studio's on-demand library and Peloton classes via their devices and the Lululemon Studio app.

🔍Deep Dive Analysis

Mirror, an innovative interactive fitness device, launched in 2018, offering live and on-demand workout classes through a sleek, wall-mounted screen. Lululemon first invested in Mirror in mid-2019, recognizing its potential to expand beyond apparel into a holistic 'sweatlife' ecosystem.

The athleisure giant officially acquired Mirror for $500 million in cash on June 29, 2020, amidst the peak of the COVID-19 pandemic, which saw a massive surge in demand for at-home fitness solutions. Lululemon's CEO, Calvin McDonald, stated the acquisition would accelerate the company's 'Power of Three' growth plan by enhancing its digital and interactive capabilities. Initially, Mirror showed rapid growth and high user engagement, with projections of $100 million in revenue for 2020 and anticipated profitability by 2021.

However, as pandemic restrictions eased and gyms reopened, the at-home fitness market faced significant challenges. Mirror's sales underperformed Lululemon's expectations in 2021, leading to a substantial reduction in its revenue outlook. In an attempt to revitalize the product, Mirror was rebranded as Lululemon Studio in October 2022, accompanied by a price drop to $795 for the hardware and new membership perks, including discounts on Lululemon apparel and access to partner studio classes. Despite these efforts, the struggles continued. In July 2023, Lululemon laid off approximately 100 employees from its Lululemon Studio division and integrated the business more closely into its main operations. The company also took a significant after-tax impairment charge of $442.7 million related to Mirror, effectively valuing the business at a mere $58 million, a fraction of its acquisition price.

The definitive turning point came on September 28, 2023, when Lululemon announced a five-year strategic global partnership with Peloton. As a direct consequence of this deal, Lululemon confirmed it would discontinue selling the Lululemon Studio Mirror hardware by the end of 2023. Peloton became Lululemon's exclusive digital fitness content provider, while Lululemon became Peloton's primary athletic apparel partner. Existing Lululemon Studio All-Access members gained access to Peloton's extensive class library starting November 1, 2023, at their existing subscription price. Lululemon committed to producing its own Studio content only until spring 2024, after which the focus shifted entirely to the Peloton partnership for new digital fitness content.

As of July 17, 2026, the Lululemon Studio Mirror hardware is no longer available for purchase. Current owners can still use their devices to access the existing Lululemon Studio on-demand library and a continuously updated selection of Peloton classes through the Lululemon Studio app. The broader fitness mirror market continues to evolve with AI integration and strong demand for at-home solutions, but Lululemon has pivoted away from hardware manufacturing. Lululemon's current strategy for 2026 and beyond emphasizes doubling digital revenue (though this goal has faced challenges), expanding internationally into new markets like India and Europe, and growing its core apparel categories, including new ventures in golf, hiking, and footwear.

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People Also Ask

What happened to the Lululemon Mirror?
Lululemon discontinued the sale of its Mirror fitness device hardware by the end of 2023. The company shifted its digital fitness strategy to a five-year partnership with Peloton, which became the exclusive digital content provider for existing Mirror devices.
Can I still use my Lululemon Studio Mirror?
Yes, existing Lululemon Studio Mirror owners can still use their devices. They continue to have access to the Lululemon Studio's on-demand content library and a wide range of Peloton classes through the Lululemon Studio app.
Why did Lululemon stop selling Mirror?
Lululemon stopped selling Mirror due to underperforming sales post-pandemic and a strategic decision to pivot its digital fitness strategy. The company took significant impairment charges on the business and ultimately partnered with Peloton to provide content, exiting the hardware market.
What is Lululemon Studio now?
Lululemon Studio is now primarily a content platform for existing Mirror device owners. It provides access to Lululemon's original on-demand classes and, since November 2023, also offers thousands of Peloton classes as part of a five-year exclusive partnership.
When did Lululemon acquire Mirror?
Lululemon acquired Mirror on June 29, 2020, for $500 million in cash. The acquisition was made to expand Lululemon's presence in the growing at-home fitness market.