قالب وردپرس درنا توس
Home / Insurance / Nike sues Lululemon over Mirror Home Gym

Nike sues Lululemon over Mirror Home Gym



(Reuters) – On Wednesday, Nike Inc. filed a lawsuit accusing Lululemon Athletica Inc. of patent infringement for manufacturing and selling Mirror Home Gym and related unauthorized mobile apps.

In a complaint filed with the US District Court of the United States. Manhattan, Nike accused its minor rival of infringing on six patents, including through technology that allows users to target specific levels of effort, compete with other users, and record their own performance.

Nike, based in Beaverton, Oregon, seeks triple damages for Lululemon's alleged intentional intrusion, and a host of other actions.

Mirror Gym starts at $ 1,195, according to Lululemon's website.

Lululemon said in a statement: and invalid. We are confident in our position and look forward to defending it in court. "

In a letter to Nike, a lawyer for Lululemon on December 1

0, 2021, stated that the Vancouver, British Columbia-based company" respects "intellectual property rights" despite refuting Nike's claims.

Lululemon bought Mirror, a home fitness company with an interactive training platform with live and on-demand lessons, for about 453 million r dollars in July 2020.

Athletic clothing manufacturers have benefited during the pandemic because people were forced to work or spend more time home dumped dressier clothes for hoodies, leggings and other casual wear.

But Lululemon warned last month that the spread of the omicron variant coronavirus could reduce its clothing sales due to supply chain problems and potential store closures.

It also halved its Mirror sales forecast for the fiscal year to a range of $ 125 million to $ 130 million.

In late afternoon trading in New York's shares of Lululemon fell 4.5% to $ 363.62, while Nike fell 2.1% to $ 162.91.

The target is Nike Inc. v. Lululemon Athletica Inc. et al U.S. District Court, Southern District of New York. Catalog


Source link