RYU and Lululemon resolve trademark dispute
15/10/2018
The announcement comes in relation to a dispute with yoga and athletic wear brand Lululemon, which began in March 2017. It concerned Lululemon’s release of a T-shirt prominently featuring the letters RYU.
RYU said Lululemon has now advised it that it does not intend to challenge any of the trademark registrations that may be issued by the Canadian Intellectual Property Office (CIPO), or to oppose current trademark applications.
Marcello Leone, CEO of RYU, said: “We will always protect our intellectual property and we are proud to own the RYU Marks. The word Respect is in our name and at the heart of our values and it is the purpose of our movement.”