Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Science & Technology

Nike seeks $10m in damages in Adidas -Nike lawsuit over designers

byMonitoring Report
14/12/2014
in Science & Technology, Technology
Share on FacebookShare on Twitter

NEW YORK: Adidas-Nike rivalry heats up with lawsuit over designers. The claims of stealth and subterfuge have reignited Nike’s decades-long sneaker war with Adidas, the German-based shoe titan and Nike’s chief competitor. But they have also cast a spotlight on the high-stakes palace intrigue hidden beneath the world’s fiercely competitive, multibillion-dollar sneaker and Sportswear Empire.

In its 50-page legal complaint, Nike accuses the designers Denis Dekovic, Marc Dolce and Mark Miner of breaching their contracts, stealing trade secrets, and making off with what lawyers called “a treasure trove of Nike product designs, research information and business plans.”

You might also like

Tesla driverless system to use updated radar technology

12/09/2016

Apple to develop its own self-driving technology

10/09/2016

Nike is seeking up to $10 million in damages and has asked the court for a temporary restraining order blocking the designers’ new initiative, an Adidas-backed design studio in Brooklyn. The suit says the three had non-compete agreements blocking them from working with a rival brand for a year after leaving Nike.

The designers said in a statement through their attorney, Matt Levin, “they poured in hours, passion and dedication [at Nike] beyond what was asked or expected of us, often prioritizing our jobs over our families.”

 

They said they never took trade secrets or intellectual property and called Nike’s allegations hurtful, false or “half-truths.” Levin said late Wednesday that his clients “are looking forward to having their day in court.”

A Nike spokesman called the firm “an innovation company” and said, “We will continue to vigorously protect our intellectual property.” In a statement, an Adidas spokesman said, “We have no interest in old work or past assignments as we are focused on shaping the future of the sporting goods industry.”

Nike has for years guarded the mystique of its secretive research-and-design labs, called the Innovation Kitchen and the Zoo. In the past two years, the company has invested more than $1.5m in a company-wide security campaign, called “Keep It Tight,” designed to safeguard its trade secrets.

The lawsuit alleges a staggering breach. The designers, attorneys said, fled with thousands of documents outlining Nike’s long-term business strategy, unreleased shoe and uniform designs, and even details of “highly confidential and proprietary virtual footwear product design and computer simulation testing methodology.”

Tags: Adidas- Nike LawsuitNike seeks $10m in damagesover designer

Related Stories

Tesla driverless system to use updated radar technology

byCT Report
12/09/2016

WASHINGTON: Electric carmaker Tesla announced Sunday it was upgrading its Autopilot software to use more advanced radar technology. In a...

Apple to develop its own self-driving technology

byCT Report
10/09/2016

SAN FRANCISCO: Apple may not become an automaker, but it still wants to develop its own self-driving technology. The iPhone-maker's...

NASA spots slowest known magnetar

byCT Report
10/09/2016

WASHINGTON: Astronomers have found evidence of a magnetar - magnetised neutron star - that spins much slower than the slowest...

‘YouTubers’ outshining old-school television

byCT Report
09/08/2016

SAN FRANCISCO: A media revolution is taking place, and most people over 35 years of age aren’t tuned in. Millennial...

Next Post

Rolls-Royce builds 267ft-long £80m superyacht having own submarine

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.