Lululemon settles lawsuit against Peloton over alleged patent infringement

VANCOUVER — Lululemon Athletica Canada Inc. has settled a lawsuit against Peloton Interactive Inc. that accused the exercise equipment company of patent infringement.

A notice of voluntary dismissal filed in a California court today says the companies have negotiated a "mutually agreeable settlement" of the trademark dispute.

The settlement comes a day after a New York court dismissed a lawsuit by Peloton filed in anticipation of a trademark complaint by Lululemon.

The Vancouver-based athletic apparel maker had sent Peloton a cease-and-desist letter last November alleging the exercise equipment maker had copied several of its product designs.

In response, Peloton launched its own lawsuit against Lululemon asking the court to pre-emptively declare that it had not infringed on Lululemon patents.

A Federal Court in New York on Thursday tossed out Peloton's suit, calling it "an anticipatory action that warrants dismissal."

This report by The Canadian Press was first published Sept. 30, 2022.

The Canadian Press