Stock Market News

Peloton loses lawsuit against Lululemon over new apparel line

2022.09.29 16:25

[ad_1]



A U.S. judge on Thursday dismissed Peloton Interactive (NASDAQ:) Inc’s lawsuit seeking a declaration it did not infringe Lululemon Athletica (NASDAQ:) Inc’s patents in developing its own line of apparel.

Peloton had sued Lululemon last Nov. 24 in Manhattan federal court, 13 days after Lululemon sent a cease-and-desist letter threatening to sue the exercise bike maker unless it stopped selling five women’s bra and legging products.

Lululemon followed through on its threat and sued Peloton on Nov. 29 in Los Angeles federal court, seeking triple damages for Peloton’s alleged willful infringement of six design patents in creating its “copycat” clothing line.

In dismissing Peloton’s lawsuit, U.S. District Judge Andrew Carter in Manhattan called the case an improper “anticipatory action,” saying Peloton reneged on an agreement it made with Lululemon to potentially resolve the dispute out of court.

The decision likely means the litigation will resume in Los Angeles, after being put on hold in March pending resolution of the Manhattan case.

A spokesman for Peloton declined to comment. Lululemon did not immediately respond to requests for comment.

The dispute arose from New York-based Peloton’s September 2021 launch of a private-label apparel brand, following the end of the companies’ five-year co-branding relationship.

Peloton’s alleged infringing products included Strappy Bra, High Neck Bra, Cadent Peak Bra, Cadent Laser Dot Bra and Cadent Laser Dot Leggings.

Lululemon, based in Vancouver, British Columbia, also called Peloton’s One Lux Tight a knockoff of its Align (NASDAQ:) pants, one of its all-time bestsellers.

The cases are Lululemon Athletica Canada Inc v Peloton Interactive Inc , U.S. District Court, Central District of California, No. 21-09252; and Peloton Interactive Inc v Lululemon Athletica Canada Inc, U.S. District Court, Southern District of New York, No. 21-10071.

[ad_2]

Source link

Peloton loses lawsuit against Lululemon over new apparel line

Related Articles

Leave a Reply

Back to top button
telcoin
Telcoin (TEL) $ 0.008507 3.43%
jito-governance-token
Jito (JTO) $ 2.60 2.97%
pyth-network
Pyth Network (PYTH) $ 0.211772 3.99%
renzo-restaked-eth
Renzo Restaked ETH (EZETH) $ 2,490.60 0.88%
kaia
Kaia (KAIA) $ 0.129232 0.81%
the-sandbox
The Sandbox (SAND) $ 0.309779 1.84%
virtual-protocol
Virtuals Protocol (VIRTUAL) $ 1.17 8.59%
iota
IOTA (IOTA) $ 0.205842 4.82%
flow
Flow (FLOW) $ 0.473856 1.59%
wbnb
Wrapped BNB (WBNB) $ 619.38 1.51%
ethereum-name-service
Ethereum Name Service (ENS) $ 22.30 1.44%
bittorrent
BitTorrent (BTT) $ 0.00000074047739 1.80%
tether-gold
Tether Gold (XAUT) $ 2,913.18 0.32%
paypal-usd
PayPal USD (PYUSD) $ 1.00 0.05%
raydium
Raydium (RAY) $ 2.39 6.76%
arbitrum-bridged-wbtc-arbitrum-one
Arbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 86,982.31 0.67%
bitcoin-sv
Bitcoin SV (BSV) $ 35.11 0.38%
msol
Marinade Staked SOL (MSOL) $ 174.90 3.78%
neo
NEO (NEO) $ 9.54 1.66%
ronin
Ronin (RON) $ 1.03 1.07%
pancakeswap-token
PancakeSwap (CAKE) $ 2.17 0.43%
usdx-money-usdx
usdx.money USDX (USDX) $ 0.997237 0.26%
pax-gold
PAX Gold (PAXG) $ 2,918.63 0.34%
curve-dao-token
Curve DAO (CRV) $ 0.464833 5.26%
elrond-erd-2
MultiversX (EGLD) $ 21.32 1.65%
axie-infinity
Axie Infinity (AXS) $ 3.70 1.12%
helium
Helium (HNT) $ 3.28 2.45%
kaito
KAITO (KAITO) $ 2.38 42.24%
spx6900
SPX6900 (SPX) $ 0.620111 1.16%
thorchain
THORChain (RUNE) $ 1.64 18.21%
zcash
Zcash (ZEC) $ 35.89 10.31%
conflux-token
Conflux (CFX) $ 0.115784 2.57%
insurance-2
INSURANCE (INSURANCE) $ 30.17 0.53%
dogwifcoin
dogwifhat (WIF) $ 0.563772 4.28%
mantle-restaked-eth
Mantle Restaked ETH (CMETH) $ 2,544.41 0.76%
jupiter-staked-sol
Jupiter Staked SOL (JUPSOL) $ 149.57 3.82%
l2-standard-bridged-weth-base
L2 Standard Bridged WETH (Base) (WETH) $ 2,395.02 0.98%
starknet
Starknet (STRK) $ 0.212371 4.45%
arweave
Arweave (AR) $ 8.29 3.39%
resolv-usr
Resolv USR (USR) $ 0.999826 0.01%
chain-2
Onyxcoin (XCN) $ 0.016457 5.84%
decentraland
Decentraland (MANA) $ 0.287805 1.20%
binance-peg-dogecoin
Binance-Peg Dogecoin (DOGE) $ 0.206404 0.55%
arbitrum-bridged-weth-arbitrum-one
Arbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,398.61 0.94%
pudgy-penguins
Pudgy Penguins (PENGU) $ 0.008338 4.63%
newton-project
AB (prev. Newton) (AB) $ 0.011336 6.00%
dydx-chain
dYdX (DYDX) $ 0.700436 3.61%
beldex
Beldex (BDX) $ 0.07408 0.82%
apecoin
ApeCoin (APE) $ 0.636048 4.66%
pumpbtc
pumpBTC (PUMPBTC) $ 84,453.63 1.77%