Nike settles lawsuit in opposition to maker of Lil Nas X ‘Devil Sneakers’ By Reuters

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© Reuters. Handout picture of “Devil Sneakers” MSCHF produced in collaboration with the rapper Lil Nas X

NEW YORK (Reuters) -Nike Inc stated on Thursday it has settled its lawsuit in opposition to a Brooklyn firm that made “Devil Sneakers” in collaboration with the rapper Lil Nas X, and that the sneakers might 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 sneakers are custom-made variations of the Nike Air Max 97 sneakers, with midsoles purporting to include 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 have been made.

Nike stated MSCHF agreed to again any Devil Sneakers and Jesus Sneakers, which have been launched in 2019 and likewise primarily based on the Air Max 97, for his or her authentic retail costs, “as a way to take away them from circulation.”

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