Nike sues Lululemon for patent infringement over at-home Mirror gym and fitness apps
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NikeOn Wednesday, he filed a suit accusing LululemonPatent infringement was alleged in relation to the at-home Mirror device by the apparel manufacturer and its related mobile apps.
Manhattan Federal Court filed the suit.
CNBC did not receive a response from Lululemon regarding its spokesperson.
Lululemon shares dropped 3.5% Wednesday afternoon. Nike shares fell 2% in the last trading session, amid an overall market sell-off.
Nike stated that it had notified Lululemon about the alleged infringement before filing suit. The leggings manufacturer dismissed Nike’s claims.
This is a developing story. Stay tuned for new updates.
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