Nike Sues The Shoe Surgeon Over Custom Sneakers
Nike Inc. has taken legal action against Dominic Ciambrone, also known as The Shoe Surgeon. The lawsuit, filed in a California federal court, claims that Ciambrone has been selling custom Nike sneakers
Nike's $4 Billion Tax Scam
Nike has 2 companies:
1. 🇳🇱Netherlands - sells products, pays employees.
2. 🇧🇲Bermuda - has zero employees, but owns the Swoosh logo.
Every time Nike sells a product, the Dutch company pays a royalty fee to Bermuda