Topline Shares of Peloton surged nearly 20% on Monday amid reports that the at-home fitness company, which is struggling with waning demand and slowing growth, is drawing interest from potential buyer...
Tag: Nike
Nike Sues StockX Over Latest NFTs
It’s been less than a month since we first covered online sneakerhead and hypebeast cultural hub StockX and their first formal foray into NFTs, with the ‘StockX Vault.’ In an effort to seemingly token...
Nike, Amazon Could Be Considering Bids for Peloton
It’s been a bumpy ride for Peloton during the past few months — and now the connected fitness company could be attracting acquisition interest from some powerful bidders. In two separate reports, Nike...
Nike Sues StockX for Infringing NFTs; Teases New Virtual Products
Last week, Nike (NYSE:NKE) filed a lawsuit for trademark infringement against sneaker resale giant StockX for selling its “Vault” NFTs without authorization. In the federal complaint filed on Thursday...
Nike sues company for selling NFT sneakers with Nike logo
Nike, a sportswear apparels behemoth, is engaging in a court battle with StockX, an online resale platform. The court battle revolves around an unlicensed non-fungible token (NFT). The company has bee...
Nike Files Lawsuit Over Counterfeit Sneaker NFTs
Key Takeaways Nike has filed a lawsuit against the sneaker marketplace StockX. The filing alleges that StockX’s Vault system is freeriding on the back of its trademarks and intellectual property. Stoc...
Nike sues StockX for selling unlicensed NFT sneakers
TL; DR Breakdown Nike sues unlicensed NFT sneaker seller StockX sold 500 premium NFT sneakers Nike set to enter the NFT market The Non-fungible token market has been blowing hot in the last few months...
Nike Files Trademark Suit Against StockX; Are NFTs Under Lawsuit Radar?
Nike has filed a lawsuit against StockX in New York federal court over selling unauthorized images of the Sneaker giant in the market. This makes it the latest lawsuit over digital assets known as non...
Nike takes seller of unlicensed NFT sneakers to the court
Popular sneaker maker Nike has started the “licensed NFT” wars by taking an online reseller called StockX to court for trademark infringement or sale of unlicensed nonfungible token (NFT) ...
Why Nike, Apple, Amazon, or SoulCycle should buy Peloton — Quartz
Peloton is no longer riding high. The fitness company’s stock was pummeled after news broke last week that it would temporarily halt production as demand softened for its stationary bikes. Peloton sha...
Why M&M’s Shift In Purpose Should Cause CEOs To Ask 5 Critical Questions Of Their Marketers
Las Vegas, Nevada / USA – May 11, 2019: M&M’S World store front display of candy and characters … [+] located on the Las Vegas Strip. getty Mars, Incorporated brand M&M’s published...
Nike executive Larry Miller thankful family of man he killed forgives him
Nike executive Larry Miller, who kept his past secret for more than 50 years, told CNBC that he’s thankful the family of a man he killed in 1965 when he was a teenager forgives him. Miller, form...
Best Retail And Consumer Stocks To Buy In 2022
MIAMI – MAY 17: Glazed Krispy Kreme doughnuts are seen May 17, 2004 in Miami, Florida. Krispy Kreme … [+] Doughnuts Inc. last week said that the low-carb diet trend has hurt sales and they...
The Evolving Sneaker Style Of Roger Federer
Roger Federer has invested in On, the fastest-growing footwear company, and as an entire The Roger … [+] line of sneakers. On Roger Federer’s childhood bedroom came adorned with posters of...
Nike sues Lululemon for patent infringement over at-home Mirror gym and fitness apps
Nike on Wednesday filed a lawsuit accusing Lululemon of patent infringement over the apparel maker’s at-home Mirror fitness device and related mobile applications. Nike claims that in 1983, it i...
Covid-19 Spread In China Hits Nike, Adidas Supplier; Billionaire Chairman’s Fortune Shrinks
Supply chain disruptions have challenged global suppliers and their customers during the Covid … [+] pandemic. Photographer: David Paul Morris/Bloomberg © 2021 Bloomberg Finance LP Shenzhou Inte...