Nike is probably suing US rapper Lil Nas X’s “Satan Shoe” – Nike shares weaker | 03/30/21

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According to a media report, the world’s largest sporting goods manufacturer Nike has sued the US art collective “MSCHF” for trademark infringement after their collaboration with rapper Lil Nas X.

On Monday, MSCHF sold 666 pairs of a “Satan shoe” that was developed together with the rapper. However, these were produced without the company’s approval, reported the music magazine “Rolling Stone”, which was in possession of the lawsuit. The “Satan shoes” are therefore unofficial redesigns of Nike’s trademark, the Air Max 97 sneaker.

Nike also said that the shoe had already “caused significant damage [Nikes] Causes goodwill. The shoes feature a pentagram design, an inverted cross and a reference to a passage in the Bible, Luke 10:18 (“I saw Satan fall from heaven like lightning”). The shoes sold at a price of $ 1,018 per pair. The price was again based on the Bible verse. According to MSCHF, the shoes were sold out within a minute.

As reported by NBC News, the sneakers also contain a drop of human blood in the sole, which comes from members of the MSCHF team. The sale of the shoes is said to be in connection with the 21-year-old rapper’s new song, “Montero (Call Me by Your Name)”.

The Nike share temporarily lost 1.01 percent to $ 132.07 in trading on the NYSE.

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LOS ANGELES (dpa-AFX)





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Nike suing rapper Lil Nas Satan Shoe Nike shares weaker

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