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Stock Market & Financial Investment News

News Breaks
June 19, 2014
09:06 EDTADDYY, SKXSkechers sues Reebok for allegedly infringing on GO WALK footwear line
SKECHERS USA (SKX) announced that it filed a lawsuit against Reebok International Limited (ADDYY) for selling footwear that infringes on the popular SKECHERS GO WALK product line. The suit, filed in the United States District Court for the Central District of California, seeks compensatory and punitive damages as well as injunctive relief for infringing on SKECHERSí patent and trade dress rights and for unfair competition. The suit states that Reebok is selling the infringing products under the name Reebok Walk Ahead RS.
News For SKX;ADDYY From The Last 14 Days
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January 23, 2015
06:23 EDTADDYYadidas to sell Rockport to entity formed by Berkshire Partners, New Balance
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January 21, 2015
09:01 EDTSKXSkechers to launch Central Eastern European subsidiary
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January 14, 2015
06:32 EDTADDYYAdidas wants to gain traction in U.S. market with endorsement deals, WSJ reports
In a move to gain traction int he U.S. market, Adidas is planning to increase endorsement deals with professional football and baseball players in the U.S. in the next few years, The Wall Street Journal reports. Adidas North American President Mark King says the German sportswear maker's U.S. arm has approval to sign up to 250 NFL players and 250 MLB players over the next three years, up from a total of less than 40 right now. Reference Link

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