• Home
  • Authors
  • Write for us
  • Advertise
  • Contact
  • Privacy Policy
  • Terms and Conditions
Tuesday, March 2, 2021
No Result
View All Result
ABC Money
PR Fire Press Release Distribution
  • News
  • Business
  • Economics
  • Finance
    • Investment
    • Tax
    • Mortgage
  • Property
    • Utilities
  • World
  • Technology
  • Fashion
  • Health
  • Holidays
  • News
  • Business
  • Economics
  • Finance
    • Investment
    • Tax
    • Mortgage
  • Property
    • Utilities
  • World
  • Technology
  • Fashion
  • Health
  • Holidays
ABC Money
No Result
View All Result
Home News

Nike files patent infringement lawsuit against Adidas

by Sam Allcock
22/06/2017

RelatedPosts

5 Helpful Tips to Secure Good Marks in CBSE Class 8 Maths

Santander Loses 8771 Million In 2020 After Accounting Adjustment

Ford Lost $ 1.276 Million In 2020 To Covid-19

Pandemic Has Caused A Creativity Crisis In Companies

Load More

NEW YORK – Nike Inc, the world’s biggest maker of shoes and sportswear has filed a patent infringement lawsuit against rival Adidas-Salomon AG alleging that the latter has copied designs from Nike’s SHOX technology and has incorporated it into Kevin Garnett signature shoes and A3 shoes.

“Nike is widely recognized for its product innovation in footwear and athletic products and we invest heavily to provide performance products to our consumers,” said Eric Sprunk, the Vice President of Global Footwear at Nike. “It is deeply frustrating and inappropriate when companies borrow or refashion such technologies as their own without making similar investments.”

Nike’s SHOX cushioning technology first hit the markets in 2000 as a follow-up of the Nike Air Shoe released in 1979 and has more than 19 patents designed to protect it from imitators. The Beaverton-based company said that the technology took more than 16 years to develop and required considerable financial investment, “Nike often reinvests its revenues into research and development of such new products.

Understandably, Nike and its shareholders cannot allow infringement to occur unchallenged,” Sprunk stressed. Nike also brought patent infringement cases against two other companies at the World Shoe Association Show in Las Vegas last week. The companies in question, Air Max Import and Export Inc. and Romeo and Juliette, had allegedly violated Nike’s patents on another occasion and hence the company decided to serve complaints against them.

Nike was also in the news last month after former chief executive William Perez left following a disagreement with the board. Adidas, which acquired Reebok for $3.8 billion (£2.2 billion) last month was unavailable for comments.
For the full complaint, visit http://www.nikebiz.com.

Previous Post

Real Madrid knocks out Manchester United for top position -- in revenues

Next Post

London City to be Wi-Fi-enabled

Related Posts

5 Helpful Tips to Secure Good Marks in CBSE Class 8 Maths
News

5 Helpful Tips to Secure Good Marks in CBSE Class 8 Maths

25/02/2021
Santander Loses 8771 Million In 2020 After Accounting Adjustment
News

Santander Loses 8771 Million In 2020 After Accounting Adjustment

09/02/2021
Ford Lost $ 1.276 Million In 2020 To Covid-19
News

Ford Lost $ 1.276 Million In 2020 To Covid-19

09/02/2021
Next Post

London City to be Wi-Fi-enabled

Apple's iTunes reaches a milestone, sells one-billionth song

Somerfield is selling 270 Kwik Save stores

Latest News

How Watches Are The New Hottest

How Watches Are The New Hottest

02/03/2021
Top 3 Guide Ideas To Match Your Rolex Watch with Your Outfit

Top 3 Guide Ideas To Match Your Rolex Watch with Your Outfit

02/03/2021
How to save money on your heating bill and get help with energy debts

How to save money on your heating bill and get help with energy debts

02/03/2021
B2B Lead Generation: Strategies That Work

B2B Lead Generation: Strategies That Work

02/03/2021
Clever Ways To Embrace The Houseplant Trend Without Spending A Thing

Clever Ways To Embrace The Houseplant Trend Without Spending A Thing

01/03/2021
People Search Engines: How to use them?

People Search Engines: How to use them?

01/03/2021

Social

Contact

For editorial enquiries:

editorials@abcmoney.co.uk

For advertising enquiries:

advertise@abcmoney.co.uk

Top Topics

  • News
  • Business
  • Finance
  • Property
  • Technology
  • Investment

Guides

  • Best UK Bridging Loans
  • Best UK Secured Loans
  • Best UK Commercial Mortgages
  • Best UK Business Loans
  • Best UK Payday Loans
  • Best Sites for International Money Transfers
  • Best Press Release Distribution Service

Social

  • Home
  • Authors
  • Write for us
  • Advertise
  • Contact
  • Privacy Policy
  • Terms and Conditions

© 2020 ABC Money

No Result
View All Result
  • Write for us
  • Contact
  • About Us
    • Authors
  • News Desk
    • Business
    • Finance
    • Property
    • Technology
    • Investment

© 2020 ABC Money

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.