Thursday, April 25th, 2019

Lululemon Unveils a Strategic Growth Plan
News Release

The athletic apparel company outlined its growth plans over the next five years that looks to focus on creating better guest experiences, driving product innovation, and expanding deeper into key markets around the globe.

As part of the company’s growth strategy, Lululemon stated that it plans to “double men’s and digital revenues” and increase international revenues and growth in its core women’s business line.

Equifax Acquires Paynet
Press Release

The data analytics company announced that it has acquired Paynet, “a company that provides commercial credit risk underwriting and management solutions to online and alternative finance lenders, and commercial finance and leasing companies in the U.S. and Canadian markets.”

The deal looks to help Equifax provide innovative solutions to commercial clients.

Terms of the transaction were not disclosed.

Google Launches a Fitness App on iOS
Company Blog Post

The technology company announced that it’s rolling out Google Fit in the Apple App Store.

Google Fit allows users to track their daily movements to measure physical activity in order to “help reduce the risk of heart disease, improve sleep and increase overall mental health.”

Users who download the app will be able to sync other fitness apps including Sleep Cycle, Headspace, and Nike Run Club in order to get a holistic view of their fitness, and sleep activity.