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New Balance suffers $15.8 million setback in China

Stephy Tang, Hong Kong


The New Balance case is a reminder that trade mark squatters cannot be ignored

The Chinese affiliate of US shoemaker New Balance was ordered by Guangzhou Intermediate People's Court to pay RMB 98 million ($15.8 million) in compensation to a Chinese individual, surnamed Zhou, for infringing his registered marks. This is the highest compensation...


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