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Stockreport

Lululemon sues Costco, alleging the retailer copied its designs [CBS News]

Costco Wholesale Corporation (COST)  More Company Research Source: CBS News
Last costco wholesale corporation earnings: 3/5 04:15 pm Check Earnings Report
In a lawsuit filed Friday in the U.S. District Court for the Central District of California, the athletic and lifestyle apparel company claims that certain Costco products imitate its own designs so closely that it constitutes "trade dress" infringement, which occurs when a product mimics another so closely that it confuses consumers. The apparel company claims that Costco's "knockoff" designs, or product "dupes," violate trademark law because "some customers incorrectly believe these infringing products are authentic Lululemon apparel." In other cases, "customers specifically purchase the infringing products because they are difficult to distinguish from authentic Lululemon products," the lawsuit alleges. "Indeed, one of the purposes of selling 'dupes' is to confuse consumers at the point-of-sale and/or observers post-sale into believing that the 'dupes' are Plaintiffs' authentic products when they are not," the lawsuit alleges. Lululemon refers to itself in the lawsuit as a " [Read more]

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Stockreport

Lululemon sues Costco, alleging the retailer copied its designs [CBS News]

Costco Wholesale Corporation  (COST) 
Last costco wholesale corporation earnings: 3/5 04:15 pm Check Earnings Report
In a lawsuit filed Friday in the U.S. District Court for the Central District of California, the athletic and lifestyle apparel company claims that certain Costco products imitate its own designs so closely that it constitutes "trade dress" infringement, which occurs when a product mimics another so closely that it confuses consumers. The apparel company claims that Costco's "knockoff" designs, or product "dupes," violate trademark law because "some customers incorrectly believe these infringing products are authentic Lululemon apparel." In other cases, "customers specifically purchase the infringing products because they are difficult to distinguish from authentic Lululemon products," the lawsuit alleges. "Indeed, one of the purposes of selling 'dupes' is to confuse consumers at the point-of-sale and/or observers post-sale into believing that the 'dupes' are Plaintiffs' authentic products when they are not," the lawsuit alleges. Lululemon refers to itself in the lawsuit as a " [Read more]

IMPACT SNAPSHOT
EVENT TIME:
COST
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
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Low:
%
POST NEWS RANGE
%
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S&P 500 (SPX)

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Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS