XLY - Nike Wins Partial Victory in Three-Stripe Trademark Battle with Adidas | Benzinga
Nike Inc. (NYSE:NKE) has been given the green light to feature three stripes on some of its trouser designs in Germany following a court ruling.
The ruling marks a significant moment in the ongoing legal battle between the U.S. sportswear giant and its German competitor, Adidas AG (OTC:ADDYY).
The Duesseldorf regional court had previously barred Nike from using two or three stripes on five of its trouser designs after Adidas filed a trademark infringement lawsuit in 2022, according to a report from Reuters.
However, the court partially overturned its earlier decision in a second appeal hearing.
Nike is now permitted to use the ...