US: Nike to pay out $52.5m after contract dispute
Sports goods giant Nike is being forced to pay out US$52.5m to Alon International, a former licensee of its Converse brand, for an arbitration ruling related to a contract dispute.
Sports goods giant Nike is being forced to pay out US$52.5m to Alon International, a former licensee of its Converse brand, for an arbitration ruling related to a contract dispute.