Nike settles Adidas trade secrets dispute

Nike has settled a trade secrets dispute on June 5 in which it accused three ex-employees of passing on confidential information about a footwear design studio to its rival Adidas.

Nike filed a lawsuit in December 2014, accusing three former footwear designers of passing on confidential plans for a design studio, called Innovation Kitchen, to rival sportswear brand Adidas.

Denis Dekovic, Marc Dolce and Mark Miner were accused of violating contractual agreements and sharing designs of Nike’s blueprints for its US studio.

Nike had requested $10 million in damages from the three former workers.

A Nike spokesperson said in a statement: “Nike is an innovation company and we will continue to vigorously protect our intellectual property.”

Adidas declined to comment.

Dekovic, Dolce and Miner could not be reached for comment.