Getty Images
Nike on Wednesday filed a lawsuit accusing Lululemon of patent infringement over the fitness apparel maker’s at-home Mirror fitness device and related mobile applications.
Nike claims that in 1983, it invented and filed a patent application on a device for determining
a runner’s speed, distance traversed, elapsed time and calories expended. It has also since launched a number of popular mobile apps such as Nike Run Club and Nike Training Club.
The company said it holds a number of other fitness equipment patents that Lululemon is infringing on by selling Mirror, a wall-mounted device that guides users through a variety of high-intensity cardio classes and other exercises.
Lululemon bought Mirror for $500 million in 2020 amid a rush among consumers to workout at home during the Covid pandemic.
Prior to filing the lawsuit, Nike said, it notified Lululemon on Nov. 3 of the alleged infringement and that the leggings maker dismissed Nike’s claims. The suit was filed in Manhattan federal court.
A spokesperson for Lululemon didn’t immediately respond to CNBC’s request for comment.
Lululemon shares were down about 4% Wednesday afternoon. Nike shares were last down around 2% amid a broader market sell-off.
This story is developing. Please check back for updates.
