Payless settlement signals trade mark trouble
30 June 2008
Eileen McDermott, New York
Collective Brands, the holding company of Payless ShoeSource, Stride Rite and Collective Licensing International, is to pay athletic footwear maker K-Swiss $30 million following claims that Payless infringed K-Swiss’s five-stripe logo
Last month, Payless was
ordered
by a jury in Oregon to pay $304 million to adidas for infringing its famed three-stripe mark, an amount believed to be the largest jury award for trade mark infringement in US history.
But Collective Brands dubbed the award "excessive" and requested that the verdict be overturned.
K-Swiss filed its complaint against the...
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