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Payless settlement signals trade mark trouble

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...

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