US: Emu and Deckers reach settlement over Ugg name
Emu Australia and Deckers Outdoor have reached a settlement in their long-running battle over the use of the word 'Ugg'.
Deckers filed a lawsuit in December last year claiming that Emu Australia was infringing its trademark through the use of the Ugg name.
Emu counter-sued saying that Deckers had obtained its trademark following a "false statement to the US Trademark office". Emu claimed that Ugg is a generic word in Australia and that there are over 70 registered trademarks in Australia and New Zealand that use the word.
The two companies now say they have reached a settlement. While the terms of the agreement are confidential, Emu Australia said it will result in a complete dismissal of each party's claims against the other.
The continued strength of its Ugg brand over the holidays has helped Deckers Outdoor Corporation to a 40% hike in fourth quarter profit, but the footwear firm also warned of "significant cost headwind...
Footwear firm Deckers Outdoor Corporation has reached a settlement with Tom Romeo and Romeo & Juliette, makers of Bearpaw boots, which it had sued for allegedly copying its best-selling Ugg brand....
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