GERMANY: Crocs embroiled in legal battle with Porsche
Struggling plastic clog maker Crocs Inc is caught up in a legal battle with German car-maker Porsche over the use of the name Cayman on its best-known footwear line.
Crocs, which sells its colourful shoes in 125 countries, admitted in the Form 10-Q filing that accompanied its third-quarter results earlier this month that Porsche is suing it for alleged trademark infringement.
The automotive maker wants Crocs to stop selling its Cayman shoes in Germany, because Porsche has already registered the brand for one of its popular sports car models.
Porsche also wants Crocs to pay its attorney's fees.
In its filing, Crocs says it intends to "vigorously defend itself against these claims."
Plastic footwear maker Crocs has returned to profit for the first quarter ended March 31, after boosting revenues and rolling out cost savings. ...
A rise in fourth quarter revenues has helped footwear firm Crocs report a narrowing of its net losses for its full year....
Crocs has won the latest stage of its long-running legal battle against products which it claims copy the design of its distinctive holed rubber footwear....
- Will new Vietnam wage hinder competitiveness?
- Digitisation to drive new apparel-making models
- Fashion fit for the future – strategies for speed
- Under Armour Lighthouse will disrupt production
- How TAL Apparel is staying ahead of the game
- Gap to shutter all UK Banana Republic stores
- MAS Holdings shares commitment to sustainability
- M&S "unappealing" clothing a barrier to growth
- Modern Slavery Act boosts supply chain engagement
- Bangladesh tops China as lead cotton importer
- Africa-Med strategic sourcing review – comparing East Africa, North Africa and Turkey
- REPORT BUNDLE: Africa-Med, Southeast Asia and Central America strategic sourcing pack
- Southeast Asia strategic sourcing review – a focus on Cambodia, Vietnam and Myanmar
- Apparel (GLOBAL) - Industry Report
- Global Sports and Fitness Wear Market 2016-2020