Nike cannot resurrect its trademark for the phrase "footware," a European Union court ruled on Wednesday, siding with rival Puma that the word was too descriptive to warrant intellectual property protections. https://t.co/Muz7c9fc2B
Nike suffered a setback in its bid to trademark the capitalized version of the word “footware” for tech-related products after a European Union court upheld a complaint from German rival Puma https://t.co/wxOWrtfa3w https://t.co/wxOWrtfa3w
$NKE - Nike Loses to Puma in EU Trademark Dispute https://t.co/M6ynjthyNd via @WSJ
Nike has lost the European Union trademark rights to the term 'footware' following a legal dispute with German rival Puma. The EU court ruled on Wednesday that the capitalized version of the word 'footware' was too descriptive to warrant intellectual property protections. This decision marks a significant setback for Nike, which had aimed to trademark the term for its tech-related products.