BoA Daily Highlights: Nike in (yet) another class action suit, Reebok launches new line, Tesla president goes to Lululemon

Business of Athleisure, Athleisure, Nike, Lawsuit

Nike embroiled in another class action suit (Koin)

“The lawsuit, filed Monday in U.S. District Court, alleges that Nike has been deceptive and misleading in its labeling and marketing of items sold at its outlet stores.”

Reebok launches new line ‘Activchill’ (The Siasat Daily)

“Created using a new and proprietary technology, the new designed line is atypical pentagon shaped fibers, which create airy spaces promoting ventilation, which offers athletes great performance and comfort. The new range enhances breathability whilst ensuring athletes stay energized and comfortable when the competition heats up.”

 

Tesla president of global sales moves to Lululemon (Shop Eat Surf)

“lululemon athletica inc. (NASDAQ:LULU) today announced that Jon McNeill, President of Global Sales, Delivery and Service for Tesla Motors, Inc., has been appointed to the company’s Board of Directors, effective immediately.”

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Aimee Laurel

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