In October, Apple announced it was selling a $19 polishing cloth and the internet went absolutely crazy… with jokes. It’s the result of a longer shopping period in which companies like Amazon started touting deals in October, and shoppers worried about things going out of stock, well, stocked up early.Ĭan’t blame ’em - out-of-stock messages across online stores were up 169% from pre-pandemic levels.Īpple sells a $19 polishing cloth. 1 through Cyber Monday, US consumers spent $109.8B online, up 11.9% from 2020’s levels, with the trend expected to keep pace through year-end. While there was a 1.4% dip in Cyber Monday sales, don’t be fooled - sales this season are through the roof.įrom Nov. Why the Black Friday numbers were a little bit gray MFM extra: The Hustle founder Sam Parr retired at 31 with $20m. #fintech-cryptoįive textbook publishers are suing Shopify, claiming the platform is liable for “ textbook pirates” who use it to sell unauthorized school materials. Reverse course: Facebook once banned most crypto companies from advertising on its platform. Qualcomm’s new phone’s camera is always on and looking for you, allowing users to unlock it by looking at it. Quad power: Tesla is making an electric 4-wheeled bike for kids. It turns out they can… except it’s rarely done. Some have claimed that wind turbine blades can’t be recycled.
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Underwear D2C Parade opened an in-person store in New York replete with a circus tent and a claw machine full of products. Like Peloton, Mirror offers live and pre-recorded at-home workouts.īut what we want to know is, do people without Pelotons even buy Peloton-branded workout gear? And if so, is it… to make people think they have a Corvette Peloton? Peloton’s hawking clothes and Lululemon bought fitness tech company Mirror for $500m in 2020.
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The lawsuits come at a time when the 2 companies aren’t staying in their lanes.
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That could be tricky because they basically look like any other leggings - except for their logos, which are placed in different spots. Lululemon claims Peloton’s One Luxe Tight (a Nike collab) violates its Align pant’s trade dress, but would have to show that the average consumer would be confused by the 2 products. As an example, The Fashion Law uses the design of the Hermès Birkin bag. Some brands, including Sweaty Betty, have similar designs that predate Lululemon’s patents.īTW, what’s “trade dress?” A design or shape element that would identify a product’s maker. Lululemon’s patents aren’t distinct enough to be valid. Lululemon claims 4 bras and 1 pair of leggings are in violation of its patents, while another pair violates its trade dress.Ģ. Lululemon sent a cease-and-desist letter and filed a lawsuit this week. Peloton bought Lululemon products wholesale, had a printer slap on Peloton branding, then sold the clothes to its dedicated fanbase.Īccording to Peloton’s claim, this process took ~1 year, which Peloton deemed “burdensome.” So, when its deal with Lululemon ended in September, Peloton launched its own line. Its deal with athleisure pioneer Lululemon began in 2016, per Retail Dive. Why?Īt-home fitness company Peloton has long offered branded activewear through partnerships with companies including Nike and Fila. Two of the hottest fitness companies around are suing each other over strappy sports bras and leggings.
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Interestingly enough, on Wednesday, a group of IKEA employees in Denmark actually did spend the night, watching TV on the sofas and then sleeping on the beds, after a blizzard trapped them inside. If you’ve been to IKEA, the thought of sleeping in the store may have crossed your mind.