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Lululemon launches countersuit against Peloton

Bloomberg has reported that Lululemon has launched a countersuit against Peloton for infringement just five days after Peloton filed a pre-emptive suit against Lululemon. The lawsuit involves co-branding deal that has since dissolved. Peloton entered the deal with Lululemon in 2016 to capitalize on the latter’s immense popularity with the...

2 hours ago