The sneakers given out at Art Basel Miami in 2016. Photo: Adidas.

Art Basel Reaches Settlement with Adidas over Trademark Infringement

Earlier this year, Art Basel sued Adidas for using the art fair’s trademark on one thousand pairs of sneakers that were given away at a promotional event during the fair’s 2016 iteration in Miami. Anny Shaw of the Art Newspaper writes that the fair and its parent company, MCH Group, have reached an out-of-court settlement with the brand.

Adidas recognized in a statement that it “did not obtain a license to use the Art Basel mark for these shoes, and Adidas was not a partner with, or a sponsor of, the Art Basel show,” further noting, “Adidas regrets these actions and is pleased that the lawsuit filed by Art Basel has been settled amicably.”

An Art Basel spokesperson said the fair is “satisfied with this settlement as it demonstrates its successful endeavor to actively protect its brand against trademark infringements.” The settlement’s terms have not been made public.