26 Aug Overheard on Wall Street: Adidas Sues Sears; Michael Jordan Loses China Suit
Posted at 16:14h in Latest News
This week in shoe biz, the intellectual-property wars waged on.
Three weeks ago, Skechers USA Inc. announced its patent-infringement suit against Steve Madden Ltd., and last week, Kmart Corp. added its name to the list of companies bowing out of Converse’s broad trademark-infringement case.
The emerging legal trend among footwear companies seems to be: As one trademark suit is settled, another is waiting in the wings for its day in court.
Here, we wrap up this week’s legal entanglements.