Nike sues New Balance, Skechers for patent infringement over sneaker technology

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 53%

Technology Technology Headlines News

Technology Technology Latest News,Technology Technology Headlines

Nike sues New Balance, Skechers for patent infringement over sneaker technology

© Reuters. FILE PHOTO: The Nike swoosh logo is seen outside the store on 5th Ave in New York, New York, U.S., March 19, 2019. REUTERS/Carlo Allegri/File Photo) filed federal lawsuits on Monday against rivals New Balance and Skechers, accusing them of infringing patents related to Nike's technology for making upper portions of sneakers.

The lawsuits said that several New Balance athletic shoes and Skechers sneakers misuse Nike's patented"Flyknit" technology for running, soccer and basketball shoes.Representatives for Nike, New Balance and Skechers did not immediately respond to requests for comment on the Monday lawsuits. Beaverton, Oregon-based Nike's website said that its Flyknit technology"uses high-strength fibers to create lightweight uppers with targeted areas of support, stretch and breathability." The lawsuits said the patented technology allows it to make high-performance uppers with reduced materials and waste.

Nike's complaint against Boston-based New Balance, filed in Massachusetts federal court, said shoes from New Balance's Fresh Foam, FuelCell and other lines violate Nike's patent rights.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 450. in TECHNOLOGY

Technology Technology Latest News, Technology Technology Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Nike sues New Balance, Skechers for patent infringement over sneaker technologyFootwear giant Nike (NKE.N) filed federal lawsuits on Monday against rivals New Balance and Skechers (SKX.N), accusing them of infringing patents related to Nike's technology for making upper portions of sneakers.
Source: Reuters - 🏆 2. / 97 Read more »