Nike sues Reebok over Tebow apparel
Nike is suing rival Reebok for selling New York Jets uniforms and other Jets apparel with the name of its new quarterback Tim Tebow on them.
Nike ( , Fortune 500) says it is the only company authorized and licensed to use Tim Tebow’s name on clothing. Reebok, a unit of German sporting equipment and apparel-maker adidas ( ), did not respond to requests for comment. Read More