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,
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Sears is selling the allegedly infringing products,
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Skechers rose 30 cents,
Chanel 2.55 pink leather with logo pendant handbags, 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, or 1.6 percent, to $84.54 on the Nasdaq Stock Market. The shares had risen 13 percent this year before today.
Skechers sues Sears over shoe patent, trademark cl
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