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Old 09-16-2011, 07:57 PM   #1
i0love0u
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Skechers sues Sears over shoe patent,amethyst earrings, 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,necklaces online, the Manhattan Beach,tiffany bow pendant, California-based company said today in a statement.
“While we value our relationship with Sears,tiffany silver key rings, their actions are causing us tremendous damage,silver hoop earrings tiffany, and we simply cannot let any company, let alone a company the size of Sears, infringe on our most valuable intellectual property,tiffany lock pendant necklace,” Philip Paccione,discount necklaces, Skechers' general counsel,keyrings coupon, said in the statement.
Sears is selling the allegedly infringing products,cheap tiffany rings, which go by the brand names TheraShoe,teardrop cz earrings, Melrose Avenue,pendant necklaces for women, Paris Blues and Athletech,silver jewelry, at Sears and Kmart stores and on websites, Skechers said. Sears and Kmart also sell Skechers shoes,tiffany charms, according to their websites.
Skechers rose 30 cents, or 1.5 percent,green earrings, 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,heart pendant necklace, or 1.6 percent, to $84.54 on the Nasdaq Stock Market. The shares had risen 13 percent this year before today.
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