Nike has filed lawsuits against New Balance and Skechers, accusing them of infringing patents related to Nike’s Flyknit technology. The lawsuits claim that New Balance’s Fresh Foam, FuelCell, and other lines, as well as Skechers’ Ultra Flex and Glide Step brands, violate Nike’s patent rights. Nike is seeking an unspecified amount of money damages and a permanent block on the two companies from infringing the patents. This is not the first time Nike has sued competitors over Flyknit technology, having previously sued Adidas, Puma, and Lululemon. New Balance has responded by stating that Nike does not own the exclusive rights to traditional manufacturing methods in the footwear industry.
Nike sues New Balance, Skechers for patent infringement: What is the technology companies are fighting over and more
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Nike sues New Balance, Skechers for patent infringement: What is the technology companies are fighting over and more
Nike has filed lawsuits against New Balance and Skechers, accusing them of infringing patents related to Nike’s Flyknit technology. The lawsuits claim that New Balance’s Fresh Foam, FuelCell, and other lines, as well as Skechers’ Ultra Flex and Glide Step brands, violate Nike’s patent rights. Nike is seeking an unspecified amount of money damages and a permanent block on the two companies from infringing the patents. This is not the first time Nike has sued competitors over Flyknit technology, having previously sued Adidas, Puma, and Lululemon. New Balance has responded by stating that Nike does not own the exclusive rights to traditional manufacturing methods in the footwear industry.
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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