Lululemon Settles with Peloton
A day after a NY district court judge dismissed Peloton’s request for a declaration of non-infringement on LULU’s activewear line, the two companies have settled the underlying litigation in Los Angeles. The NY judge called the case an improper “anticipatory action,” saying PTON reneged on an agreement to potentially resolve the dispute out of court. In 2021, LULU and PTON’s five-year apparel partnership ended, and the connected fitness company began its own ... Log in to view full article.