Wednesday, July 9, 2025
New York CT
No Result
View All Result
  • Home
  • News
  • Health
  • Business
  • Politics
  • Opinion
  • Sports
  • Entertainment
  • Fashion
  • Tech
  • Home
  • News
  • Health
  • Business
  • Politics
  • Opinion
  • Sports
  • Entertainment
  • Fashion
  • Tech
No Result
View All Result
newyorkCT
No Result
View All Result
Home Business

Nike sues Lululemon over Mirror Home Gym

admin by admin
January 6, 2022
in Business
0
Nike sues Lululemon over Mirror Home Gym
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


Nike on Wednesday filed a lawsuit accusing Lululemon of patent infringement for making and promoting the Mirror House Fitness center and associated cellular apps with out authorization.

In a criticism filed in US District Courtroom in Manhattan, Nike accused its smaller rival of infringing six patents, together with via know-how that allows customers to focus on particular ranges of exertion, compete with different customers, and report their very own efficiency.

Nike, based mostly in Beaverton, Oregon, is searching for triple damages for Lululemon’s alleged willful infringement, and quite a lot of different treatments.

Mirror gyms begin at $1,195, in response to Lululemon’s web site.

Lululemon stated in an announcement: “The patents in query are overly broad and invalid. We’re assured in our place and sit up for defending it in courtroom.”

In a Dec. 10, 2021 letter to Nike, a lawyer for Lululemon stated the Vancouver, British Columbia-based firm “respects mental property” even because it rejected Nike’s claims.

Lululemon bought Mirror, an at-home health firm with an interactive exercise platform that includes stay and on-demand courses, for about $453 million in July 2020.

Interior of a Lululemon store
Lululemon purchased health firm Mirror in 2020 and denies Nike’s accusations, saying “the patents in query are overly broad.”
SOPA Photos/LightRocket through Getty Photos

Athletic attire makers have benefited throughout the pandemic as folks compelled to work or spend extra time house ditched dressier clothes for hoodies, leggings and different informal put on.

However Lululemon warned final month that the unfold of the Omicron coronavirus variant might scale back gross sales of its attire due to provide chain points and potential retailer closures.

A runner wearing a Nike shoe stands in the starting blocks before a race
Nike claims Lululemon infringed six patents, together with via know-how that allows customers to focus on particular ranges of exertion, compete with different customers, and report their very own efficiency.
Getty Photos

It additionally halved its fiscal yr gross sales forecast for Mirror to a spread of $125 million to $130 million.

Shares of Lululemon closed down 4.8% at $362.48, whereas Nike ended the day down 2.5% at $162.25.



Source link

Tags: GymhomeLululemonMirrorNikesues
admin

admin

Related Posts

TJ Maxx, Marshalls employees to wear body cameras to curb thefts
Business

TJ Maxx, Marshalls employees to wear body cameras to curb thefts

June 6, 2024
Nvidia overtakes Apple as second-most valuable company
Business

Nvidia overtakes Apple as second-most valuable company

June 5, 2024
Elon Musk will bring video-only feed to X: sources
Business

Elon Musk will bring video-only feed to X: sources

June 5, 2024
Next Post
With COVID Infection Numbers Surging, Health Experts Say N95 Face Masks Offer Best Protection – CBS New York

Health Experts Say N95 Face Masks Offer Best COVID Protection; How To Make Sure They Are Most Effective – CBS New York

Adrienne Adams Becomes First African-American Woman To Be Elected New York City Council Speaker – CBS New York

Adrienne Adams Becomes First African-American Woman To Be Elected New York City Council Speaker – CBS New York

Mexican teen develops app to help deaf sister communicate

Mexican teen develops app to help deaf sister communicate

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Theranos fraudster Elizabeth Holmes gives birth to 2nd child

Theranos fraudster Elizabeth Holmes gives birth to 2nd child

2 years ago
Ariana Grande joins Demi Lovato in Scooter Braun split: report

Ariana Grande joins Demi Lovato in Scooter Braun split: report

2 years ago
Yankees fans throw garbage at Guardians outfielders after win

Yankees fans throw garbage at Guardians outfielders after win

3 years ago
Influencer ripped for filming herself farting in an elevator

Influencer ripped for filming herself farting in an elevator

3 years ago

Categories

  • Business
  • Entertainment
  • Fashion
  • Health
  • News
  • Opinion
  • Politics
  • Sports
  • Tech

Topics

Adams Biden Bidens Big Bill cancer Case CBS CEO City Court COVID Day dead deal Elon game George Gov Health Hochul home House Joe Judge man Mayor Musk NYC Office Report school star State time trial Trump Twitter Ukraine Vaccine win workers Yankees years York
No Result
View All Result

Highlights

Balenciaga teams up with Puma for distressed take on iconic sneakers

Disgusting ‘BBL smell’ side effect might make people reconsider popular surgery

Fashion ‘dupes’: Lululemon’s lawsuit against Costco

New TikTok trend shows how desperate millennials are to be like Gen Z

Frazzled English woman’ is the new trend for summer

Single women ditch wearing makeup on first dates — and experts encourage it

Trending

You need carry a UV umbrella this summer — here’s how to pick
Fashion

You need carry a UV umbrella this summer — here’s how to pick

by admin
July 9, 2025
0

It saved you dry in December — now it could be the key to surviving July....

Dakota Johnson, Cardi B’s sexy butt tattoos are bringing the dreaded ‘tramp stamp’

Dakota Johnson, Cardi B’s sexy butt tattoos are bringing the dreaded ‘tramp stamp’

July 8, 2025
I’m a sunbed addict and I’ve got scary moles all over — but I can’t stop tanning

I’m a sunbed addict and I’ve got scary moles all over — but I can’t stop tanning

July 8, 2025
Balenciaga teams up with Puma for distressed take on iconic sneakers

Balenciaga teams up with Puma for distressed take on iconic sneakers

July 8, 2025
Disgusting ‘BBL smell’ side effect might make people reconsider popular surgery

Disgusting ‘BBL smell’ side effect might make people reconsider popular surgery

July 6, 2025

© 2021 Newyork CT All Rights Reserved

No Result
View All Result
  • Home
  • News
  • Health
  • Business
  • Politics
  • Opinion
  • Sports
  • Entertainment
  • Fashion
  • Tech

© 2021 Newyork CT All Rights Reserved