NEW YORK (Reuters) -Nike Inc mentioned on Thursday it has settled its lawsuit towards a Brooklyn firm that made “Devil Footwear” in collaboration with the rapper Lil Nas X, and that the footwear will probably be recalled.
The settlement with MSCHF Product Studio Inc resolves a trademark infringement lawsuit that Nike (NYSE:) filed final week over the black-and-red, devil-themed sneakers, which carry the Nike “swoosh” emblem and value $1,018 a pair.
Attorneys for MSCHF weren’t instantly out there for remark.
MSCHF’s footwear are custom-made variations of the Nike Air Max 97 sneakers, with midsoles purporting to comprise one drop of human blood.
They’re additionally printed with “Luke 10:18,” a biblical passage referring to Devil’s descent from heaven. Solely 666 pairs had been made.
Nike mentioned MSCHF agreed to again any Devil Footwear and Jesus Footwear, which had been launched in 2019 and in addition based mostly on the Air Max 97, for his or her authentic retail costs, “so as to take away them from circulation.”
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