The Daks Simpson Group Plc gets to keep the Squadron trademark on its dress jackets and blazers, following the failure of the Royal New Zealand Yacht Squadron to get the company to discontinue its use.

The squadron had asked the New Zealand commissioner of trademarks to remove the name from the trademark register, as Daks had not used it for over five years.

But the squadron's appeal, which was made at Wellington High Court, was dismissed last week.