CrossFit Claims Reebok Owes $4.8 Million in Royalties
CrossFit, which awarded Reebok an exclusive license in 2010, says the Adidas-owned brand surreptitiously began paying royalties based on a fictional “wholesale equivalent price” rather than on net sales in a lawsuit filed in No. CA District Court. The calculated price was applied by Reebok to all e-commerce sales, and when CrossFit conducted an audit, Reebok tried to conceal the ... Log in to view full article.