Nike has agreed to a settlement with Brooklyn-based company MSCHF over the "Satan Shoes" row.
Although not many details have been published about the settlement, it has been confirmed that MSCHF has agreed to offer refunds to those who want to return the trainers as this will allow for the shoes to be removed from circulation.
The settlement comes after the sportswear company sued the art collective for selling a modified model of the Nike air Max 97s, which claimed to contain a drop of human blood, with Nike arguing that the trainers were damaging their reputation.
Last month, a US court judge ordered MSCHF to stop all production and sales of the shoes as well as further use of the Nike trademark. The shoes were also promoted by rapper Lil Nas X.
All of the "Satan Shoes", which also have a pentagram and an inscription of the words "Luke 10:18", referencing the Bible verse "He replied, 'I saw Satan fall like lightning from heaven," were sold in less than a minute of release and there were only 666 pairs available. The shoes were sold at $1,018 (£736).
David Bernstein, a lawyer at Debevoise & Plimpton LLP, who represented MSCHF, said the company was "thrilled with the way this case has been resolved".
He continued: "MSCHF from the start distributed these shoes to make a statement and thanks to the lawsuit and all of the publicity that came from it, that statement reached far more corners than we expected."
The agreement also requires MSCHF to buy back any "Jesus Shoes" - similar trainers which the company produced in 2019 - as Nike says they "had nothing to do with the Satan Shoes or the Jesus Shoes."
In a statement, Nike said: "If any purchasers were confused, or if they otherwise want to return their shoes, they may do so for a full refund. Purchasers who choose not to return their shoes and later encounter a product issue, defect, or health concern should contact MSCHF, not Nike.
"The parties are pleased to put this dispute behind them."