SKECHERS Wins Favorable Ruling in Nike Lawsuit

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Skechers USA (SKX) Victorious in Converse Suit (NKE)

November 19, 2015 12:21 PM EST

Skechers USA (NYSE: SKX) announced that it has won an important ruling over Nike, Inc.s wholly-owned subsidiary Converse Inc. relating to the Converse Chuck Taylor shoe.

In October 2014, Converse sued Skechers in federal district court and before the International Trade Commission (ITC) alleging that the Companys famous Twinkle Toes and BOBS product lines infringed its Chuck Taylor midsole common law and registered trademarks. The case went to trial before the ITC in August 2015.

In a November 17, 2015 opinion, the Chief... More