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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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