lululemon athletica inc
For the period ended Jul 28, 2024. Filed Aug 29, 2024.
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Jul 28, 2024 · Filed Aug 29, 2024
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Pending Acquisition
Note 13. Pending Acquisition
During the second quarter of 2024, the Company entered into an agreement to acquire the operations and lululemon branded retail locations being run by a third party under a license and supply arrangement in Mexico for approximately $160.0 million in cash. The Company had previously granted this third party the right to operate lululemon branded retail locations and to sell lululemon products in Mexico. The transaction is subject to customary closing conditions and regulatory approval.
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