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Health & Fitness shoe material: patent dispute between Nike and Adidas goes to the next round

02:06  12 january  2022
02:06  12 january  2022 Source:   handelsblatt.com

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The manufacturers brought almost simultaneously their first shoes from "flyknit" and "Primeknit" on the market. A US authority checks whether adidas has violated patents.

Nike hat einen Antrag auf eine Untersuchung beim Konkurrenten Adidas gestellt. © DPA Nike has submitted an application for an investigation in the competitor adidas.

The quarreling for ten years of Adidas and Nike's knitting technology goes to the next round: as the federal authority United States International Trade Commission (ITC) tells, it will check if Adidas continues its "Primeknit" shoe models to sell in the USA . The competent body of the authority will examine at the request of the Adidas Rival Nike , whether the German manufacturer injures the patent rights of the US sporting article giant.

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Nike and Adidas had almost ten years ago, almost ten years, their shoe models "Flyknit" and "Primeknit" brought up the market whose upper material is knitted from melt yarns. Shoes from the material are lightweight and flexible, are suitable for various sports from jogging to basketball.

Nike accuses the sporting goods manufacturer from Herzogenaurach to violate the "Primeknit" shoes of one of his patents, the ITC should prohibit the import of the shoes to the USA. Adidas rejects allegations and insists that it has developed the technology from its own power.

The patent dispute on the world's largest sports goods market is also enormous for Adidas. According to Fortune Business Insights, sporting goods manufacturers made more than 45 percent of their turnover in the US with almost $ 73 billion, the market will continue to grow strongly in the coming years. Almost exactly one third (33.3 percent) of worldwide revenues make sporting goods manufacturers with shoes.

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A sale ban for a whole range of important products on the world's largest market would be a heavy blow for adidas. In recent years, the manufacturer has become a major attacker of Nike in the United States and decreased important market shares to the domestic player.

Adidas investors Fear the Commission's judgment is not

However, the Commission could also decide in favor of adidas. Then both manufacturers are likely to offer their shoes further.

The ITC realized in its communication that although it has initiated an investigation, but "has not yet taken a decision on the facts."

First, one of the competent judges of the authority will be commissioned, which will attach a hearing to evidence. The decision of this judge can then be reviewed by the Commission itself. Within 45 days, the OTC must specify a date to which it terminates the investigation and wants to make a decision. The decision itself will come into force within 60 days.

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The investors of Adidas seem not very concerned in view of the exam. In the meantime, the share price increased by more than 3.3 percent to 257.98 euros on Tuesday afternoon.

More : Nike failed in court against the EU Commission. The Group had a negotiated, unjustified benefits to have

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Black Friday Asics on sale: Grab a great deal on this premium sports shoe brand .
Looking for a Black Friday Asics on sale deal? We’ve scoured the web to find the best prices for you.Tested at lab level, the materials Asics uses in its trainers are put through rigorous testing to make sure they’re capable of doing anything from running a marathon to doing an intense workout class.

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