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2021-11-29
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Peloton sues Lululemon in dispute over new apparel line
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brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1638189812,"share":"https://www.laohu8.com/m/news/2186341510?lang=&edition=full","pubTime":"2021-11-29 20:43","market":"us","language":"en","title":"Peloton sues Lululemon in dispute over new apparel line","url":"https://stock-news.laohu8.com/highlight/detail?id=2186341510","media":"Reuters","summary":"NEW YORK, Nov 26 (Reuters) - Peloton Interactive Inc, the exercise bike company, has sued Lululemon ","content":"<p>NEW YORK, Nov 26 (Reuters) - Peloton Interactive Inc, the exercise bike company, has sued Lululemon Athletica Inc after the athletic apparel maker threatened its own lawsuit over Peloton's new apparel line.</p>\n<p>The lawsuit was filed in Manhattan federal court on Wednesday night, 2-1/2 months after Pelotonl aunched its apparel brand following the end of its five-year co-branding relationship with Lululemon, a break Peloton called amicable.</p>\n<p>Peloton said Lululemon's claims that five of its women's bra and legging products - Strappy Bra, High Neck Bra, Cadent Peak Bra, Cadent Laser Dot Bra and Cadent Laser Dot Leggings - infringed six Lululemon design patents \"lack any merit.\"</p>\n<p>The apparel line could help New York-based Peloton rely less on its bikes and treadmills, after sales growth slowed because more people received COVID-19 vaccines and stayed home less.</p>\n<p>In a Nov. 11 letter, Lululemon's lawyer said the Vancouver, British Columbia-based company would sue Peloton unless it stopped selling its new apparel.</p>\n<p>But Peloton said its products and Lululemon's designs are easy to tell apart, and Lululemon's designs are too \"obvious\" to deserve patent protection.</p>\n<p>\"On top of the numerous clear and obvious differences in design, Peloton and Lululemon's brands and logos are also distinctive and well-recognized, making confusion between products a virtual impossibility,\" Peloton said.</p>\n<p>Peloton wants a court declaration that it has not infringed Lululemon patents and trade dress, and that Lululemon's patent claims are invalid.</p>\n<p>\"At Lululemon we are known for our product innovation and iconic design,\" Lululemon said in a statement on Friday. \"We will defend our proprietary rights, to protect the integrity of our brand, and to safeguard our intellectual property.\"</p>\n<p>In late morning trading, Peloton shares were up $1.76, or 4%, at $45.68, as investors worried that a new coronavirus variant would spread, and keep more people at home longer.</p>\n<p>The case is Peloton Interactive Inc v Lululemon Athletica Canada Inc, U.S. District Court, Southern District of New York, No. 21-10071.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-11-29 20:43</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>NEW YORK, Nov 26 (Reuters) - Peloton Interactive Inc, the exercise bike company, has sued Lululemon Athletica Inc after the athletic apparel maker threatened its own lawsuit over Peloton's new apparel line.</p>\n<p>The lawsuit was filed in Manhattan federal court on Wednesday night, 2-1/2 months after Pelotonl aunched its apparel brand following the end of its five-year co-branding relationship with Lululemon, a break Peloton called amicable.</p>\n<p>Peloton said Lululemon's claims that five of its women's bra and legging products - Strappy Bra, High Neck Bra, Cadent Peak Bra, Cadent Laser Dot Bra and Cadent Laser Dot Leggings - infringed six Lululemon design patents \"lack any merit.\"</p>\n<p>The apparel line could help New York-based Peloton rely less on its bikes and treadmills, after sales growth slowed because more people received COVID-19 vaccines and stayed home less.</p>\n<p>In a Nov. 11 letter, Lululemon's lawyer said the Vancouver, British Columbia-based company would sue Peloton unless it stopped selling its new apparel.</p>\n<p>But Peloton said its products and Lululemon's designs are easy to tell apart, and Lululemon's designs are too \"obvious\" to deserve patent protection.</p>\n<p>\"On top of the numerous clear and obvious differences in design, Peloton and Lululemon's brands and logos are also distinctive and well-recognized, making confusion between products a virtual impossibility,\" Peloton said.</p>\n<p>Peloton wants a court declaration that it has not infringed Lululemon patents and trade dress, and that Lululemon's patent claims are invalid.</p>\n<p>\"At Lululemon we are known for our product innovation and iconic design,\" Lululemon said in a statement on Friday. \"We will defend our proprietary rights, to protect the integrity of our brand, and to safeguard our intellectual property.\"</p>\n<p>In late morning trading, Peloton shares were up $1.76, or 4%, at $45.68, as investors worried that a new coronavirus variant would spread, and keep more people at home longer.</p>\n<p>The case is Peloton Interactive Inc v Lululemon Athletica Canada Inc, U.S. District Court, Southern District of New York, No. 21-10071.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LULU":"lululemon athletica","BK4548":"巴美列捷福持仓","PTON":"Peloton Interactive, Inc.","BK4551":"寇图资本持仓","BK4190":"消闲用品","BK4504":"桥水持仓","BK4532":"文艺复兴科技持仓","BK4566":"资本集团","BK4202":"服装、服饰与奢侈品"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2186341510","content_text":"NEW YORK, Nov 26 (Reuters) - Peloton Interactive Inc, the exercise bike company, has sued Lululemon Athletica Inc after the athletic apparel maker threatened its own lawsuit over Peloton's new apparel line.\nThe lawsuit was filed in Manhattan federal court on Wednesday night, 2-1/2 months after Pelotonl aunched its apparel brand following the end of its five-year co-branding relationship with Lululemon, a break Peloton called amicable.\nPeloton said Lululemon's claims that five of its women's bra and legging products - Strappy Bra, High Neck Bra, Cadent Peak Bra, Cadent Laser Dot Bra and Cadent Laser Dot Leggings - infringed six Lululemon design patents \"lack any merit.\"\nThe apparel line could help New York-based Peloton rely less on its bikes and treadmills, after sales growth slowed because more people received COVID-19 vaccines and stayed home less.\nIn a Nov. 11 letter, Lululemon's lawyer said the Vancouver, British Columbia-based company would sue Peloton unless it stopped selling its new apparel.\nBut Peloton said its products and Lululemon's designs are easy to tell apart, and Lululemon's designs are too \"obvious\" to deserve patent protection.\n\"On top of the numerous clear and obvious differences in design, Peloton and Lululemon's brands and logos are also distinctive and well-recognized, making confusion between products a virtual impossibility,\" Peloton said.\nPeloton wants a court declaration that it has not infringed Lululemon patents and trade dress, and that Lululemon's patent claims are invalid.\n\"At Lululemon we are known for our product innovation and iconic design,\" Lululemon said in a statement on Friday. \"We will defend our proprietary rights, to protect the integrity of our brand, and to safeguard our intellectual property.\"\nIn late morning trading, Peloton shares were up $1.76, or 4%, at $45.68, as investors worried that a new coronavirus variant would spread, and keep more people at home longer.\nThe case is Peloton Interactive Inc v Lululemon Athletica Canada Inc, U.S. District Court, Southern District of New York, 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