Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nyse  >  Nike    NKE

NIKE

(NKE)
  Report  
Delayed Quote. Delayed Nyse - 08/16 04:00:58 pm
80.28 USD   +0.97%
08/13Tech leads Wall Street higher as tariff delay sparks rally
RE
08/13NIKE : Discover the Art Behind the Nike Air Max 270 React
PU
08/13NIKE : swooshes with subscription
AQ
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Patent Issued for Article Of Footwear Having An Upper Incorporating A Knitted Component (USPTO 10,364,517): Nike Inc.

share with twitter share with LinkedIn share with facebook
share via e-mail
0
08/14/2019 | 05:06pm EDT

2019 AUG 14 (NewsRx) -- By a News Reporter-Staff News Editor at Sports Research Daily -- From Alexandria, Virginia, NewsRx journalists report that a patent by the inventors Dua, Bhupesh (Portland, OR); Huffa, Bruce (Encino, CA); Shaffer, Benjamin A. (Saratoga, CA), filed on April 28, 2017, was published online on August 12, 2019.

The patent’s assignee for patent number 10,364,517 is Nike Inc. (Beaverton, Oregon, United States).

News editors obtained the following quote from the background information supplied by the inventors: “Conventional articles of footwear generally include two primary elements, an upper and a sole structure. The upper is secured to the sole structure and forms a void on the interior of the footwear for comfortably and securely receiving a foot. The sole structure is secured to a lower surface of the upper so as to be positioned between the upper and the ground. In some articles of athletic footwear, for example, the sole structure may include a midsole and an outsole. The midsole may be formed from a polymer foam material that attenuates ground reaction forces to lessen stresses upon the foot and leg during walking, running, and other ambulatory activities. The outsole is secured to a lower surface of the midsole and forms a ground-engaging portion of the sole structure that is formed from a durable and wear-resistant material. The sole structure may also include a sockliner positioned within the void and proximal a lower surface of the foot to enhance footwear comfort.

“The upper generally extends over the instep and toe areas of the foot, along the medial and lateral sides of the foot, and around the heel area of the foot. In some articles of footwear, such as basketball footwear and boots, the upper may extend upward and around the ankle to provide support or protection for the ankle. Access to the void on the interior of the upper is generally provided by an ankle opening in a heel region of the footwear. A lacing system is often incorporated into the upper to adjust the fit of the upper, thereby permitting entry and removal of the foot from the void within the upper. The lacing system also permits the wearer to modify certain dimensions of the upper, particularly girth, to accommodate feet with varying dimensions. In addition, the upper may include a tongue that extends under the lacing system to enhance adjustability of the footwear, and the upper may incorporate a heel counter to limit movement of the heel.

“Various materials are conventionally utilized in manufacturing the upper. The upper of athletic footwear, for example, may be formed from multiple material elements. The materials may be selected based upon various properties, including stretch-resistance, wear-resistance, flexibility, air-permeability, compressibility, and moisture-wicking, for example. With regard to an exterior of the upper, the toe area and the heel area may be formed of leather, synthetic leather, or a rubber material to impart a relatively high degree of wear-resistance. Leather, synthetic leather, and rubber materials may not exhibit the desired degree of flexibility and air-permeability for various other areas of the exterior. Accordingly, the other areas of the exterior may be formed from a synthetic textile, for example. The exterior of the upper may be formed, therefore, from numerous material elements that each impart different properties to the upper. An intermediate or central layer of the upper may be formed from a lightweight polymer foam material that provides cushioning and enhances comfort. Similarly, an interior of the upper may be formed of a comfortable and moisture-wicking textile that removes perspiration from the area immediately surrounding the foot. The various material elements and other components may be joined with an adhesive or stitching. Accordingly, the conventional upper is formed from various material elements that each impart different properties to various areas of the footwear.”

As a supplement to the background information on this patent, NewsRx correspondents also obtained the inventors’ summary information for this patent: “A flat knitting process or a variety of other knitting processes may be utilized to form a knitted component for an upper of an article of footwear. Various features may be incorporated into the knitted component. For example, the knitted component may define a tube formed of unitary knit construction, and a strand may extend through a length of the tube. As another example, the knitted component may have a pair of at least partially coextensive knitted layers formed of unitary knit construction, and a plurality of floating yarns may extend between the knitted layers. In some configurations, the knit type or yarn type may vary in different regions of the knitted component to impart different properties. Additionally, the knitted component may incorporate a thermoplastic yarn that is fused in different regions of the knitted component to impart different properties.

“The advantages and features of novelty characterizing aspects of the invention are pointed out with particularity in the appended claims. To gain an improved understanding of the advantages and features of novelty, however, reference may be made to the following descriptive matter and accompanying figures that describe and illustrate various configurations and concepts related to the invention.”

The claims supplied by the inventors are:

“The invention claimed is:

“1. An upper for an article of footwear, the upper comprising: a knitted component formed of unitary knit construction, the knitted component comprising a first knitted layer and a second knitted layer that are at least partially coextensive with each other, the first knitted layer comprising a first yarn comprising a thermoplastic polymer material, the second knitted layer comprising a second yarn comprising a second material, wherein a melting temperature of the thermoplastic polymer material is at least five degrees celsius lower than a melting temperature of second material; and a component secured to the knitted component.

“2. The upper of claim 1, wherein the component is secured to the upper by a thermal bond between the first knitted layer and the component.

“3. The upper of claim 1, wherein at least 95% of the first knitted layer is formed from the thermoplastic polymer material.

“4. The upper of claim 1, wherein the first knitted layer and second knitted layer extend into a heel portion.

“5. The upper of claim 4, wherein the component is a heel counter.

“6. The upper of claim 5, wherein the heel counter is secured to the heel portion by a thermal bond between the first knitted layer of the heel portion and the heel counter.

“7. The upper of claim 5, wherein the heel counter comprises a second thermoplastic polymer material.

“8. The upper of claim 1, wherein the second yarn contains one or more filaments.

“9. An article of footwear having an upper, the upper comprising: a knitted component formed of unitary knit construction, the knitted component comprising a first knitted layer and a second knitted layer that are at least partially coextensive with each other, the first knitted layer comprising a first yarn comprising a thermoplastic polymer material, the second knitted layer comprising a second yarn comprising a second material, wherein a melting temperature of the thermoplastic polymer material is at least five degrees celsius lower than a melting temperature of second material, and a component secured to the knitted component.

“10. The article of footwear of claim 9, wherein the first knitted layer and second knitted layer extend into a heel portion of the article of footwear.

“11. The article of footwear of claim 9, wherein at least 95% of the first knitted layer comprises the thermoplastic polymer material.

“12. The article of footwear of claim 10, wherein the thermoplastic polymer material in the first knitted layer is fused in the heel portion.

“13. The article of footwear of claim 9, wherein the component is secured to the upper by a thermal bond between the first knitted layer and the component.

“14. The article of footwear of claim 12, wherein the component is a heel counter.

“15. The article of footwear of claim 9, wherein the second yarn contains one or more filaments.

“16. The article of footwear of claim 9, wherein the first knitted layer forms an exterior portion of the article of footwear.

“17. A method of forming an upper for an article of footwear, the method comprising: forming a knitted component having a first knitted layer and a second knitted layer that are at least partially coextensive with each other, the knitted component formed of unitary knit construction, the first knitted layer comprising a first yarn comprising a thermoplastic polymer material, the second knitted layer comprising a second yarn comprising a second material, wherein a melting temperature of the thermoplastic polymer material is at least five degrees celsius lower than a melting temperature of second material, attaching a component to the first knitted layer by forming a heatbond between the first knitted layer and the component.

“18. The method of claim 17, further comprising extending the first knitted layer and second knitted layer into a heel portion of the upper.

“19. The method of claim 18, further comprising heating the heel portion above the melting temperature of the thermoplastic polymer material to fuse the thermoplastic polymer material.

“20. The method of claim 18, wherein the component is a heel counter.”

For additional information on this patent, see: Dua, Bhupesh; Huffa, Bruce; Shaffer, Benjamin A. Article Of Footwear Having An Upper Incorporating A Knitted Component. U.S. Patent Number 10,364,517, filed April 28, 2017, and published online on August 12, 2019. Patent URL: http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO1&Sect2=HITOFF&d=PALL&p=1&u=%2Fnetahtml%2FPTO%2Fsrchnum.htm&r=1&f=G&l=50&s1=10,364,517.PN.&OS=PN/10,364,517RS=PN/10,364,517

(Our reports deliver fact-based news of research and discoveries from around the world.)

Copyright © 2019 NewsRx LLC, Sports Research Daily, source Health Newsletters

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on NIKE
08/16RESILIENT TO CHANGE : Building a legacy brand
AQ
08/13Tech leads Wall Street higher as tariff delay sparks rally
RE
08/13NIKE : Discover the Art Behind the Nike Air Max 270 React
PU
08/13NIKE : swooshes with subscription
AQ
08/12NIKE : Why Nike's First Sneaker Club for Kids is a Parent's Best Friend
PU
08/12Nike aims sneaker subscriber scheme at $10 billion U.S. kids market
RE
08/09Adidas celebrates 70 years with star-studded building opening
RE
08/08BUILT FOR SPEED : The Nike KOBE AD NXT
PU
08/08NIKE, INC. : Declares $0.22 Quarterly Dividend
BU
08/08Adidas Bucks German Gloom With Profit Growth -- 3rd Update
DJ
More news
Financials (USD)
Sales 2020 42 131 M
EBIT 2020 5 397 M
Net income 2020 4 590 M
Debt 2020 338 M
Yield 2020 1,15%
P/E ratio 2020 27,7x
P/E ratio 2021 23,6x
EV / Sales2020 2,99x
EV / Sales2021 2,79x
Capitalization 126 B
Chart NIKE
Duration : Period :
Nike Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends NIKE
Short TermMid-TermLong Term
TrendsBearishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 30
Average target price 94,57  $
Last Close Price 80,28  $
Spread / Highest target 49,5%
Spread / Average Target 17,8%
Spread / Lowest Target -12,8%
EPS Revisions
Managers
NameTitle
Mark G. Parker Chairman, President & Chief Executive Officer
Eric D. Sprunk Chief Operating Officer
Andrew Campion Chief Financial Officer & Executive Vice President
Hans van Alebeek Vice President-Global Operations & Technology
James H. Scholefield Global Chief Information Officer & Vice President
Sector and Competitors
1st jan.Capitalization (M$)
NIKE8.28%124 583
ADIDAS AG41.28%55 934
FENG TAY ENTERPRISES CO., LTD.--.--%4 900
HWASEUNG ENTERPRISE CO LTD--.--%671
VULCABRAS AZALEIA SA-5.49%411
361 DEGREES INTERNATIONAL LTD-27.11%319