Skechers sues Sears over shoe patent,
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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,
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“While we value our relationship with Sears, their actions are causing us tremendous damage,
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sneakers for women, let alone a company the size of Sears, infringe on our most valuable intellectual property,
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Sears is selling the allegedly infringing products,
Gucci Shoulder Bags Beige And Brown Yellow Belt 008, which go by the brand names TheraShoe, Melrose Avenue,
penny loafers, Paris Blues and Athletech,
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leather wallets, Skechers said. Sears and Kmart also sell Skechers shoes,
gucci handbags, according to their websites.
Skechers rose 30 cents,
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mens gucci shoes, 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,
gucci sneakers, or 1.6 percent, to $84.54 on the Nasdaq Stock Market. The shares had risen 13 percent this year before today.