Skims Body Challenges 'LYNNSKIM' Trademark as Growth in Nightwear Market
Oct/11/2024
On October 10, Skims Body filed an opposition against Hangzhou Manshuo Technology Co., Ltd.'s trademark application for "LYNNSKIM," which covers various intimate apparel items, including shapewear, corsets, and gym shorts. The dispute arises as the Night & Underwear market anticipates significant growth, with revenues projected to reach $4.64 billion in 2024 and a compound annual growth rate (CAGR) of 9.18%, bringing the market volume to $7.20 billion by 2029. The U.S. leads this sector, generating an estimated $1.33 billion in 2024. Amidst intensifying competition, Skims Body seeks to safeguard its brand in a rapidly expanding industry. The visualization below provides detailed information about the opposed trademark 'LYNNSKIM.'
