• Home
  • News
  • Personal Finance
    • Savings
    • Banking
    • Mortgage
    • Retirement
    • Taxes
    • Wealth
  • Make Money
  • Budgeting
  • Burrow
  • Investing
  • Credit Cards
  • Loans

Subscribe to Updates

Get the latest finance news and updates directly to your inbox.

Top News

MacBook Air M1 Deal Helps Entrepreneurs Cut Costs Without Sacrificing Performance

December 25, 2025

How to Turn a Cyberattack Into a Strategic Advantage

December 25, 2025

How to Build an ADA-Compliant Website — and Avoid Legal Fees

December 25, 2025
Facebook Twitter Instagram
Trending
  • MacBook Air M1 Deal Helps Entrepreneurs Cut Costs Without Sacrificing Performance
  • How to Turn a Cyberattack Into a Strategic Advantage
  • How to Build an ADA-Compliant Website — and Avoid Legal Fees
  • AI Won’t Fix Your People Problems — Here’s What I’m Seeing Inside Franchises and Frontline Teams
  • 11 Tips for Building a Financial Plan Around the Life of Your Dreams
  • Don’t Just Negotiate Your Salary — These 5 Things Are Negotiable Too
  • The Competitive Advantage No One Is Talking About
  • How to Turn Skeptics Into Your Biggest Brand Advocates
Thursday, December 25
Facebook Twitter Instagram
iSafeSpend
Subscribe For Alerts
  • Home
  • News
  • Personal Finance
    • Savings
    • Banking
    • Mortgage
    • Retirement
    • Taxes
    • Wealth
  • Make Money
  • Budgeting
  • Burrow
  • Investing
  • Credit Cards
  • Loans
iSafeSpend
Home » Nike sues New Balance, Skechers for patent infringement over sneaker technology
Investing

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

News RoomBy News RoomNovember 7, 20230 Views0
Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Email Tumblr Telegram

© 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

By Blake Brittain

(Reuters) -Footwear giant Nike (NYSE:) 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.

Nike has previously sued Adidas (OTC:), Puma and Lululemon (NASDAQ:) for infringing Flyknit patents. Adidas and Puma have settled their lawsuits, while Nike’s case against Lululemon is still ongoing.

New Balance said in a statement that it “fully respects competitors’ intellectual property rights, but Nike does not own the exclusive right to design and produce footwear by traditional manufacturing methods that have been used in the industry for decades.”

Representatives for Nike 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. Nike sued Manhattan Beach, California-based Skechers in Los Angeles, claiming that shoes, including Skechers’ Ultra Flex (NASDAQ:) and Glide Step brands, infringed on its patents.

Nike asked the courts for an unspecified amount of money damages and court orders permanently blocking New Balance and Skechers from infringing the patents.

Read the full article here

Featured
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Articles

MacBook Air M1 Deal Helps Entrepreneurs Cut Costs Without Sacrificing Performance

Make Money December 25, 2025

How to Turn a Cyberattack Into a Strategic Advantage

Investing December 25, 2025

How to Build an ADA-Compliant Website — and Avoid Legal Fees

Make Money December 25, 2025

AI Won’t Fix Your People Problems — Here’s What I’m Seeing Inside Franchises and Frontline Teams

Make Money December 24, 2025

11 Tips for Building a Financial Plan Around the Life of Your Dreams

Burrow December 24, 2025

Don’t Just Negotiate Your Salary — These 5 Things Are Negotiable Too

Make Money December 24, 2025
Add A Comment

Leave A Reply Cancel Reply

Demo
Top News

How to Turn a Cyberattack Into a Strategic Advantage

December 25, 20250 Views

How to Build an ADA-Compliant Website — and Avoid Legal Fees

December 25, 20250 Views

AI Won’t Fix Your People Problems — Here’s What I’m Seeing Inside Franchises and Frontline Teams

December 24, 20250 Views

11 Tips for Building a Financial Plan Around the Life of Your Dreams

December 24, 20250 Views
Don't Miss

Don’t Just Negotiate Your Salary — These 5 Things Are Negotiable Too

By News RoomDecember 24, 2025

insta_photos / Shutterstock.comIf you’ve ever negotiated a salary, that’s great! But did you know your…

The Competitive Advantage No One Is Talking About

December 24, 2025

How to Turn Skeptics Into Your Biggest Brand Advocates

December 24, 2025

The HR Shortcut That Saves Founders Early — But Can Cost Them Later

December 24, 2025
About Us

Your number 1 source for the latest finance, making money, saving money and budgeting. follow us now to get the news that matters to you.

We're accepting new partnerships right now.

Email Us: [email protected]

Our Picks

MacBook Air M1 Deal Helps Entrepreneurs Cut Costs Without Sacrificing Performance

December 25, 2025

How to Turn a Cyberattack Into a Strategic Advantage

December 25, 2025

How to Build an ADA-Compliant Website — and Avoid Legal Fees

December 25, 2025
Most Popular

Car Insurers Are Charging Single and Divorced People More. Is This Fair? Here’s What to Do Either Way.

December 19, 20255 Views

Here’s How I Make $1,000 a Month Selling Thrift Store Finds Online

December 20, 20253 Views

AI financial advisors are coming and they may outperform the humans guarding your money

December 20, 20253 Views
Facebook Twitter Instagram Pinterest Dribbble
  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact
© 2025 iSafeSpend. All Rights Reserved.

Type above and press Enter to search. Press Esc to cancel.