Latest news with #JuiceLosAngeles
Yahoo
3 days ago
- Business
- Yahoo
Nike sues Edison Chen for breach of contract
15 Aug - It was reported that sports brand Nike USA is now suing Edison Chen and his company for a breach of contract. The company is seeking USD 126,615 from Edison and his company Juice Los Angeles, stating that they owe Nike that amount of money for goods and services that they provided to the company. It is noted that the amount was originally stated as USD 126,615,000, but was later amended as it was due to a clerical error. The lawsuit came after Edison announced his streetwear brand Clot's collaboration with Nike's rival, Adidas. However, it is noted that the new collaboration has nothing to do with Nike's filing of the lawsuit. It is noted that Edison's brand announced their cooperation with Adidas at Clot's spring 2024 show, stating that their new collection will be called Adidas Originals by Edison Chen. Both parties have made no comments regarding the said lawsuit. (Photo Source: Clot IG, Edison Chen IG)
Yahoo
6 days ago
- Business
- Yahoo
Nike Files Lawsuit Against Clot Founder Edison Chen
This story was updated at 6:06 p.m. ET after the lawsuit revealed a clerical error by the courts when displaying the demand amount. Nike Inc. has filed a breach of contract lawsuit against Edison Chen, the founder and creative director of streetwear brand Clot. More from WWD Nike's New Abominable Snowman-Themed Sneaker Comes With a Plush Toy Nike Officially Announces Its 'Yu-Gi-Oh!' Air Max 95s - Here's How to Get Them Caitlin Clark's 'Rookie of the Year' Nike Kobe Sneakers Will Release in 2026 The lawsuit was filed on Monday in a federal district court in Los Angeles. Also named as a defendant was Juice Los Angeles LLC, a company owned by Chen. Nike filed the action to collect $126,615.58 owed by Juice on goods the sportswear brand provided to Chen's company. Chen was named because he is the personal guarantor on the Juice account with Nike. Chen is a resident of Los Angeles, where his firm Juice is also based. Executives at Nike could not be reached for comment as the offices are closed for 'wellness week.' A representative for Chen did not respond to a request for comment by press time. Chen has a long history with Nike. But it was learned during Shanghai Fashion Week in October 2023 that Chen was shifting course and would be partnering with Nike competitor Adidas. Adidas and Chen disclosed their partnership at Clot's spring 2024 show, noting that the inaugural collection for their line would be known as Adidas Originals by Edison Chen. Clot's partnership with Nike ran for 20 years. Their first collaborative sneaker launched in 2006. The two had been steady partners since then, until they weren't. Little is known about why the two ended their partnership, although market rumblings at the time suggested that the deal had run its course and was set to expire anyway. Clot, based in Hong Kong, became one of Nike's most important partners in Asia. Their collaborations included narratives that served to educate the West on Chinese customers, such as tea ceremonies and reflexology. Among the highs were an Air Max 1 'Kiss of Death,' which became one of the most sought-after versions of the silhouette ever. It was released in 2006 for $100, and has a list price of $1,200 on the sneaker resale site StockX, although market data going back to 2017 indicates a range from a low of $230 to a high of $2,053 depending on condition and scarcity of size range. Also popular has been a silk Air Force 1 with tear-away uppers. Clot and Nike also had a new Cortez collab — Clot x Nike 'Clotez' — featuring a yellow-based upper offset by a black mudguard that was inspired by a jumpsuit worn by martial artist great Bruce Lee in his iconic 1979 film 'Game of Death.' Clot also joined forces with Nike's Jordan brand for several collaborations over the years. Chen's partnership with Adidas this year thus far has three launches. The Clot x Adidas Gazelle line had its second drop in March, featuring a new crepe sole construction and one of two colorways making use of Clot's signature silk pattern. An additional Clot x Adidas Gazelle dropped last year. In June, the collaboration introduced the Adidas Clot Stan Smith by Edison Chen, featuring beaded detail on the sneaker's heel tab. And earlier this month, Chen took to Instagram to reveal the insole of the Clot x Adidas Anthony Edwards 1 sneaker. The launch date hasn't been disclosed, but is expected shortly now that a Clot x Adidas Anthony Edwards 2 is in the works. Chen — an actor, singer, rapper, and fashion designer — cofounded Clot Inc. with partners Kevin Poon and Billy Ip. Best of WWD All the Retailers That Nike Left and Then Went Back Mikey Madison's Elegant Red Carpet Shoe Style [PHOTOS] Julia Fox's Sleekest and Boldest Shoe Looks Over the Years [Photos] Sign in to access your portfolio
