CVS Boosts Wages, Lululemon Sweats Competition And Chairish Is Going Global

Lululemon is concerned about increasing competition in the athletic apparel space. Plus, CVS boosts hourly wages for employees to combat the labor shortage, and Chairish says its acquisition of Pamono is just the start of its global expansion plans.

Data:

$600M: Approximate cost to CVS in the next three years to offer a $15 minimum hourly wage.

29M & 30M: Number of COVID-19 tests and vaccinations at CVS.

70%: Share of Sweaty Betty revenue that comes from eCommerce.

$200B: Estimated value of the global activewear market.

$84.2B: The projected amount of the global online furniture market by 2024.