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Lululemon has accused Costco of selling unlicensed knockoffs of popular products like the Scuba pullovers and ABC Pants.
Lululemon is suing Costco for allegedly infringing on its trademarks and design patents by selling dupes of its clothes.
In a 49-page complaint, Lululemon accused Costco of blatantly ripping off some of its most recognizable styles.
Lululemon says one of the duplicates that Costco sells is the Hi-Tec Men’s Scuba Full Zip, with the lawsuit showing a screenshot image of Costco’s website showing the item priced at $19.97.
Fashion “dupes,” or less expensive versions of high-end clothing and other accessories, are just about everywhere these days. In the latest example, Lululemon filed a lawsuit against Costco on ...
Nike on Monday asked a federal judge to dismiss a potential class action securities lawsuit against the company, saying it offers a “baseless theory” that its senior executives lied to ...
Nike has a price-to-earnings ratio (P/E) of 18 compared to Lululemon's 16.7, even though Lululemon is growing much more quickly and is doing remarkably better in China.
Nike is facing a lawsuit from people who bought its NFTs Nike tried to capitalize on NFT hype in 2021 by buying a “digital shoe” company before shutting it down last year.