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June 21 is a special day for this group.
With some analysts contending that leggings are losing ground to jeans on the fashion front, Lululemon isn’t sitting still. The company’s latest effort is a move into cycling apparel. The company recently announced a new strategic partnership with 7mesh, a Canadian company that makes technical cycling apparel.
The athleisure pioneer announced a minority stake in 7mesh as part of its larger 10-year plan.