Lululemon sues Costco over alleged sale of ‘dupes' copying $128 pants, $118 hoodies at fraction of price
1. Lululemon is suing Costco for selling cheap knockoffs of its products. 2. The lawsuit claims Costco's pants and hoodies infringe Lululemon’s designs. 3. Lululemon seeks financial recovery and a court order to block Costco's sales. 4. The athletic brand recently lowered its full-year forecast amid economic challenges. 5. Lululemon's shares rose 2.2% but are down 36% year to date.