Lululemon is going after Costco, saying it ripped off its chinos and yoga jackets. The athleisure brand filed a lawsuit on Friday, saying Costco had created "confusingly similar" dupes.
Warehouse retailer Costco Wholesale (COST 0.25%) may sell goods at affordable prices, but the stock is pretty expensive. Costco investors have pocketed a total return of 2,320% over the last 15 years, leaving the S&P 500 index far behind at a 663% gain.
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Canadian athletic wear maker Lululemon sued Costco in California federal court on Friday, alleging that the wholesaler sells "knockoff" sweatshirts, jackets and pants that unlawfully copy its products.
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