Altria can’t sell Iqos in U.S. as Biden won’t intervene in patent dispute

Philip Morris International is showing off the iQOS e-cigarette, which heats tobacco sticks but does not burn them. Fabrice Cofferini | AFP | Getty Images Altria and Philip Morris International can no longer sell or import Iqos tobacco devices in the United States after the Biden administration chose not to take action in an ongoing … Read more

Peloton has sued Lululemon in feud over cycle maker’s new apparel line

Carrie Gundy rides her Peloton sports bike at her home on April 6, 2020 in San Anselmo, California. Ezra Shaw | Getty Images Peloton has sued Lululemon after the leggings manufacturer threatened legal action against the connected fitness equipment company earlier this year. The lawsuit, which was filed in Manhattan federal court on Wednesday, comes … Read more

Nike is quietly preparing for the metaverse

zoom iconArrows pointing outward First Facebook, now Nike? The clothing giant took its first steps into the metaphysics. The Oregon-based company introduced several new brands this week that indicate its intent to make and sell virtual Nike-branded sneakers and apparel. According to the US Patent and Trademark Office, Nike filed applications on October 27 for … Read more