© Patrick T. Fallon/Bloomberg Lululemon has settled a California lawsuit that accused exercise bike company Peloton of patent infringement, according to a notice of voluntary dismissal. Two of North America's biggest names in fitness have settled a lawsuit over allegations of "copycat" sports bras and workout tights. Lululemon filed suit in November, claiming Peloton's Strappy Bra, Cadent Laser Dot Legging, Cadent Laser Dot Bra, High Neck Bra, Cadent Peak Bra and One Luxe tights were all rip-offs of its own products. "Unlike innovators such as Lululemon, Peloton did not spend the time, effort and expense to create an original product line," the Lululemon claim read. According to the Lululemon lawsuit, Peloton said it needed until Nov. 24 to respond to the accusations in the letter.

Source: CBC News October 01, 2022 13:08 UTC