Nike has successfully concluded its trademark infringement lawsuit against a social media influencer who was accused of posting and selling counterfeit Nike shoes. A Florida federal judge ratified the agreement just days before the case was set to go to trial. The settlement requires the influencer to pay $1 million in damages, a decisive outcome for the sportswear giant as it continues to protect its brand from counterfeit activity.
For further details on this legal development, see the full article here.