Nike sues 31 companies
17.10.2014 2886

Nike sues 31 companies

Nike sportswear manufacturer and retailer sues 31 companies. Nike accuses Converse of copying and selling counterfeit Chuck Taylor sneakers. The defendants in the court will be Walmart Stores, Ed Hardy and 29 other companies. They are accused of copyright infringement on shoe designs, which include the look and diamond-shaped sole.

Recall that Nike Corporation was founded in 1964 in the United States. The company's consolidated revenue for the fiscal year 2014 amounted to $ 27,8 billion (including Converse sales - $ 1,7 billion). Revenue from retail sales of sports stores under the Nike brand reached $ 5,3 billion, an increase of 22%.

Nike sportswear manufacturer and retailer sues 31 companies.

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