lululemon athletica canada inc., calvin klein, inc. and g-iii apparel group, ltd. reached a settlement agreement in design patent litigation
NEW YORK--(BUSINESS WIRE)--
lululemon athletica canada inc., a subsidiary of lululemon athletica
inc. (NASDAQ:LULU; TSX:LLL), Calvin Klein, Inc., a wholly owned
subsidiary of PVH Corp. (NYSE: PVH), and G-III Apparel Group, Ltd.
(NasdaqGS: GIII), a Calvin Klein, Inc. licensee for Calvin Klein
Performance, have entered into a settlement agreement that will resolve
the pending design patent litigation related to certain yoga pant
The terms of the parties' settlement agreement are confidential.
Pursuant to the agreement, the pending litigation will be dismissed.
lululemon athletica is a yoga-inspired athletic apparel company that
creates components for people to live long, healthy and fun lives. By
producing products that help keep people active and stress free,
lululemon believes that the world will be a better place. Setting the
bar in technical fabrics and functional designs, lululemon works with
yogis and athletes in local communities for continuous research and
product feedback. For more information, visit www.lululemon.com.
Calvin Klein, Inc. is one of the leading fashion design and marketing
studios in the world. It designs and markets women's and men's designer
collection apparel and a range of other products that are manufactured
and marketed through an extensive network of licensing agreements and
other arrangements worldwide. Brands/lifestyles include Calvin Klein
Collection, ck Calvin Klein, Calvin Klein, Calvin
Klein Jeans and Calvin Klein Underwear. Product lines under
the various Calvin Klein brands include women's dresses and
suits, men's dress furnishings and tailored clothing, men's and women's
sportswear and bridge and collection apparel, golf apparel, jeanswear,
underwear, fragrances, eyewear, women's performance apparel, hosiery,
socks, footwear, swimwear, jewelry, watches, outerwear, handbags, small
leather goods, and home furnishings (including furniture). For more
information, please visit calvinklein.com.
PVH Corp., one of the world's largest apparel companies, owns and
markets the iconic Calvin Klein and Tommy Hilfiger brands
worldwide. It is the world's largest shirt and neckwear company and
markets a variety of goods under its own brands, Van Heusen, Calvin
Klein, Tommy Hilfiger, IZOD, ARROW, Bass
and G.H. Bass & Co., and its licensed brands, including Geoffrey
Beene, Kenneth Cole New York, Kenneth Cole Reaction, MICHAEL
Michael Kors, Sean John, Chaps, Donald J. Trump
Signature Collection, JOE Joseph Abboud, DKNY, Ike
Behar and John Varvatos. For more information, please visit pvh.com.
G-III is a leading manufacturer and distributor of outerwear, dresses,
sportswear, swimwear, beachwear and women's suits, as well as handbags
and luggage, under licensed brands, our own brands and private label
brands. G-III sells swimwear and beachwear under our own Vilebrequin
brand. G-III also sells outerwear and dresses under our own Andrew Marc,
Marc New York and Marc Moto brands and has licensed these brands to
select third parties in certain product categories. G-III has fashion
licenses under the Calvin Klein, Sean John, Kenneth Cole, Cole Haan,
Guess?, Jones New York, Jessica Simpson, Vince Camuto, Nine West, Ellen
Tracy, Tommy Hilfiger, Kensie, Mac & Jac, Levi's and Dockers brands and
sports licenses with the National Football League, National Basketball
Association, Major League Baseball, National Hockey League, Touch by
Alyssa Milano and more than 100 U.S. colleges and universities. Our
other owned brands include Jessica Howard, Eliza J, Black Rivet, G-III,
G-III Sports by Carl Banks and Winlit. G-III also operates outlet stores
under our Wilsons Leather and Andrew Marc names, and operates retail
stores under the Calvin Klein Performance name.
lululemon athletica inc.
Senior Vice President,
Apparel Group, Ltd.
Source: lululemon athletica inc.
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