lululemon athletica canada inc., a subsidiary of lululemon athletica inc. (LULU,LLL.TO), Calvin Klein, Inc., a subsidiary of PVH Corp. (PVH), and G-III Apparel Group, Ltd. (GIII), a Calvin Klein licensee for Calvin Klein Performance, have entered into a settlement agreement that will resolve the pending design patent litigation related to certain yoga pant designs, lululemon athletica said Tuesday. The terms of the settlement agreement are confidential.
Pursuant to the agreement, the pending litigation will be dismissed.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.