Is Pharrell’s Popular Sneaker Brand in Legal Trouble? PLUS: Is Your Job Susceptible to a Better.com Style Firing Before Christmas?

In this Christmas season report:
Nike vs Adidas has some popular, upscale sneakers from Pharrell and Stella McCartney on the legal radar.

Plus: If your employer fired you in December like the CEO of Better.com did his employees, would you survive? Is it time to look out for your best interests?

Finally, from innovative tax prep business strategies to a smartphone business model that pays you pack, brothas and sistas are making moves in business.


In our network I know there are some brothas and sistas who like to customize sneakers and clothing, making a decent amount of money doing so. But this case should be a wake up call that some brands may pursue legal action if they feel their patents have been infringed on by customizations or any kind of modification that is too close for comfort.


Nike’s latest legal move could cost Adidas $800 million annually in sales of Ultraboosts, Pharrell Williams sneakers, and other Primeknit shoes
If you haven’t heard lately, a nearly 10 year battle between Nike and Adidas has spilled over into a US District Court as Nike has been aggressively defending certain patents against Adidas, among other alleged copycats.

Adidas has launched some highly touted celebrity backed sneakers with the likes of famed music producer and hotel entrepreneur Pharrell Williams and well respected fashion designer Stella McCartney. Even controversial rapper Lil Nas X has felt the pressure from the Nike sneaker wars earlier this year with his Satan sneakers being accused of infringing on Nike’s patents. Famed shoe brand Skechers also had to settle out of court.

Watch the rest in the video!

AffluentBlacksOfDallas.com

Hey, brothas and sistas! If you benefit from this content, consider helping it expand so we can reach even more young people in our community! Let’s grow our national net worth and boost our median incomes 🙂 Consider $1, $2, $5, $10 or more:

Venmo cash app: @50plano
PayPal: paypal.me/50plano

https://www.AffluentBlacksOfDallas.com
https://www.50plano.com
https://www.50plano.tv
https://www.dallasescapes.com
https://www.AffluentBlacksOfDallas.com

https://www.amazon.com/ideas/amzn1.account.AFH3WC46BDZ2Q7QYA2AB6QDN3XPA/1FASURECHMQI2?type=explore&ref=idea_cp_vl_ov_d
Instagram: @affluentblacks
https://www.youtube.com/c/affluentblacks
https://www.facebook.com/blackbizman2008
ABoD Business News FB:
https://www.facebook.com/groups/AffluentBlacksOfDallas
Events: https://www.facebook.com/groups/AffluentNewsAlerts

50Plano:
https://www.youtube.com/channel/UCAJPR6EUbjyuIB82b2cW-Iw

Links:

Nike Latest Legal Move Could Cost Adidas $800M in Primeknit Shoe Sales (businessinsider.com)
https://www.businessinsider.com/nike-legal-move-may-cost-adidas-800-million-in-sales-2021-12
Nike, Inc. v. adidas AG et al 3:2021cv01780 | US District Court for the District of Oregon | Justia
https://dockets.justia.com/docket/oregon/ordce/3:2021cv01780/164318

I Wasn’t Fired in Better.com’s 900-Person Layoffs. I’m Terrified. (businessinsider.com)
https://www.businessinsider.com/i-wasnt-fired-in-bettercoms-900-person-layoff-im-terrified-2021-12?nr_email_referer=1&utm_source=Sailthru&utm_medium=email&utm_content=Business_Insider_select&pt=385758&ct=Sailthru_BI_Newsletters&mt=8&utm_campaign=Insider%20Select%202021-12-11&utm_term=INSIDER%20SELECT%20-%20ENGAGED%2C%20ACTIVE%2C%20PASSIVE%2C%20DISENGAGED%2C%20NEW

Better CEO Vishal Garg Explains Major Layoffs in Leaked Meeting Video (businessinsider.com)
https://www.businessinsider.com/better-ceo-vishal-garg-explains-layoffs-in-leaked-video-meeting-2021-12

Black Woman Who Built Her Tax Preparation Business to $250K in Annual Revenue is Now Teaching Other Aspiring Entrepreneurs (blackbusiness.com)
https://www.blackbusiness.com/2021/12/lashaundra-cox-black-woman-tax-preparation-business-250k-revenue-teaching-other-entrepreneurs.html?utm_source=feedburner&utm_medium=email

Minority-Owned Tech Company Launches The First Smartphone That Pays You Back for Everyday Use (blackenterprise.com)
https://www.blackenterprise.com/minority-owned-tech-company-launches-the-first-smartphone-that-pays-you-back-for-everyday-use/?utm_source=Newsletter&utm_medium=email&utm_campaign=Newsletter%2012/10/2021_12/10/2021&recip_id=%5BRECIPID-%5D

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.