The battle over a $52 sports bra goes to court [MSN Money]
lululemon athletica inc. (LULU)
Last lululemon athletica inc. earnings: 3/26 04:05 pm
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Source: MSN Money
© Lucas Jackson/Reuters Lululemon Athletica says Under Armour’s sports bras are too similar to its $52 Energy Bra. The battle for a better bra is heading to court. Popular Searches Lululemon Athletica is suing Under Armour for allegedly copying a sports bra design, showing just how critical it has become for retailers to reinvent the ubiquitous undergarment. According to Lululemon, its $52 Energy Bra — which has four straps that criss-cross in the back — “does it all.” Which is why, the Vancouver-based company says, it’s suing rival Under Armour for patent and trademark infringements. In its lawsuit, filed this month, Lululemon says it takes issue with four of Under Armour’s sports bras, which range from the $29.99 Armour Strappy to the $39.99 Armour Eclipse Low Impact. In the filing, Lululemon says “Under Armour’s unauthorized acts have caused and will continue to cause irreparable damage to Lululemon and its business.” Subscribe to the Po
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LULU
Earnings
- 3/21/24 - Beat
LULU
Sec Filings
- 4/25/24 - Form DEFA14A
- 4/25/24 - Form DEF
- 4/3/24 - Form 4
- LULU's page on the SEC website