Nike Sues CLOT Founder Edison Chen for Breach of Contract, Demands Over $126,000 USD
Nike is taking legal action against CLOT founder Edison Chen and his company Juice Los Angeles for allegedly violating their contract. The sportswear giant is seeking over $126,000 USD in damages.
Nike’s Lawsuit Against Edison Chen is Actually for $126,615.68 USD
In a surprising turn of events, it has been revealed that Nike’s lawsuit against Edison Chen is not for over $126 million USD as previously reported, but for a much smaller amount of $126,615.68 USD. This discrepancy was due to a clerical error in the court records.
The Lawsuit Accuses Chen and Juice Los Angeles of Owing Nike for Goods and Services
According to the lawsuit, both Edison Chen and his company Juice Los Angeles owe Nike for goods and services provided by the sportswear brand. Nike is seeking compensation for these owed expenses.
CLOT Founder Edison Chen Being Sued by Former Partner Nike for Breach of Contract
Nike’s lawsuit against Edison Chen comes more than a year after the designer ended his collaborations with the brand to partner with adidas. The specific violations and events that led to the lawsuit are still unknown.
CLOT and Nike’s History of Collaboration
Edison Chen founded CLOT in 2004 and began collaborating with Nike in 2006. The brand has since become popular in the Asia Pacific region for its exploration of Eastern heritage and aesthetics. However, Chen’s recent partnership with adidas has expanded CLOT’s global reach.
Nike’s Vigilance in Protecting Its Brand Universe
Nike’s decision to sue Chen and other designers, such as the Shoe Surgeon, shows the brand’s determination to protect its brand universe. This comes after the brand settled with the Shoe Surgeon for a much lower amount than originally demanded.
Stay Tuned for Updates on the Case
As more details emerge on the case, stay tuned to Hypebeast for the latest updates. Nike’s lawsuit against Edison Chen and Juice Los Angeles is sure to have a significant impact on the fashion and sneaker industry.
