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FitTech IP disputes to run and run?
As the world starts to emerge from the worst of the pandemic, fitness companies, which had driven advances in the home fitness industry as gyms were closed, are now turning to the legal system to protect their own products from competition while expanding into new lines of business.
In the most recent turn of events, Nike is suing Lululemon for patent infringement over Lululemon’s at-home Mirror fitness device and related mobile applications, alleging that Lululemon is infringing IP that they have been developing since 1983. This lawsuit follows Lululemon’s acquisition of Mirror, who previously produced the smart device and apps, for $500 million (£368 million) in 2020. A spokesperson for Lululemon has said that they are ‘confident in [defending their position] in , as the claims in Nike’s patents were “overly broad and invalid”.
With the home fitness industry thriving, new brands are coming head-to-head with market dominating giants. As the digital age accelerates innovation in the sporting world, organising and protecting your IP is important now more than ever, and it could save you a lot of time and money in the long run. (more…)