Search: Look for:   Last 1 Month   Last 6 Months   All time

Reebok to stop selling Tim Tebow apparel after legal settlement with Nike

Washington, Wed, 11 Apr 2012 ANI

Washington, Apr 11 (ANI): Sportswear companies Nike and Reebok have settled their fight over Tim Tebow apparel, after the latter agreed to stop selling the New York Jets quarterback's Bronco t-shirts and jerseys.

The terms of a settlement with Nike were disclosed Tuesday.

Reebok must eliminate from the sales chain any Tebow clothing it manufactured after the quarterback's trade last month from the Denver Broncos to the Jets, CBS News reported.

Nike had sued in Manhattan, saying Reebok was infringing on its licensing rights.

A federal judge had said Nike Inc was likely to succeed. It took over licensing rights for National Football League apparel at the beginning of April.

Nike spokeswoman Mary Remuzzi said the company was "pleased to have reached a mutually agreeable resolution." (ANI)


LATEST IMAGES
President of India at the convocation of Defence Services Staffs College
PM Modi going around an exhibition at the Maritime India Summit
PM Modi inaugurating an exhibition at the Maritime India Summit
PM Modi being welcomed by the Chief Minister of Maharashtra
PM Modi being welcomed by the Governor of Maharashtra
Post comments:
Your Name (*) :
Your Email :
Your Phone :
Your Comment (*):
  Reload Image
 
 

Comments:


 

OTHER TOP STORIES


Excellent Hair Fall Treatment
Careers | Privacy Policy | Feedback | About Us | Contact Us | | Latest News
Copyright © 2015 NEWS TRACK India All rights reserved.