Payless and K-Swiss reach agreement
27/06/2008
Collective Brands, owner of Payless ShoeSource, has agreed to pay $30 million to K-Swiss to resolve claims from the footwear brand that the retailer had violated trademark issues.Under the terms of the settlement, neither company admits liability to the other, however, Payless agreed to pay K-Swiss $30 million in response to the brand’s claims...