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Intelligence

Racked is no longer publishing. Thank you to everyone who read our work over the years. The archives will remain available here; for new stories, head over to Vox.com, where our staff is covering consumer culture for The Goods by Vox. You can also see what we’re up to by signing up here.

Skechers has agreed to pay $40 million to settle a lawsuit that accused the company of lying about the health benefits of so-called "toning" shoes in its advertising. The settlement has now been approved by the court, and customers who bought the shoes are entitled to receive up to $84 per pair. [WWD]