- Reuters
Nike partially wins appeal over stripes dispute with Adidas in Germany
Nike can put three stripes on some of its trouser designs in Germany, a court ruled on Tuesday, in a second appeal hearing pitting the U.S. sports apparel maker against its smaller rival Adidas. The Duesseldorf regional court had already prohibited the U.S. firm from using two or three stripes on five of its trouser designs after Adidas filed a trademark violation lawsuit in 2022. Nike can now use the stripes on four of the disputed models, while the ban for one remaining model remains in place, the court said, partially overturning the earlier decision.
- Motley Fool
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- Zacks
Brokers Suggest Investing in Nike (NKE): Read This Before Placing a Bet
The average brokerage recommendation (ABR) for Nike (NKE) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric questionable. So, is it worth buying the stock?
