Skechers sues Sears over shoe patent, trademark cl

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Skechers sues Sears over shoe patent, trademark claims
Skechers USA Inc. sued Sears Holdings Corp. for selling footwear that infringes the patents and trademarks for products such as Shape-ups and Twinkle Toes.
Skechers is seeking monetary damages and a court-ordered prohibition of the sale of the products,asics running shoes coupon, the Manhattan Beach, California-based company said today in a statement.
“While we value our relationship with Sears,black asics running shoes women, their actions are causing us tremendous damage,asics gel 1150 running shoes, and we simply cannot let any company,asics rulon orange gray wrestling shoes, let alone a company the size of Sears,asics women shoes black, infringe on our most valuable intellectual property,mens asics domain volleyball shoes,” Philip Paccione,ASICS Aggressor - Men's, Skechers' general counsel, said in the statement.
Sears is selling the allegedly infringing products,ASICS Gel-Landreth 6 - Women's, which go by the brand names TheraShoe,asics tennis shoes, Melrose Avenue,asics special edition cael wrestling shoes, Paris Blues and Athletech,asics support running shoes, at Sears and Kmart stores and on websites, Skechers said. Sears and Kmart also sell Skechers shoes,asics specialion ultimate wrestling shoes, according to their websites.
Skechers rose 30 cents,asics shoes san ramon, or 1.5 percent, to $20.02 at 2:49 p.m. in New York Stock Exchange composite trading. The shares had fallen 1.4 percent this year before today. Sears gained $1.30,cheap asics running shoes on sale, or 1.6 percent,ASICS GT-2160 - Men's, to $84.54 on the Nasdaq Stock Market. The shares had risen 13 percent this year before today.