Member access

4-Traders Homepage  >  Shares  >  Xetra  >  Adidas AG    ADS   DE000A1EWWW0

ADIDAS AG (ADS)

252
Real-time Quote. Real-time TRADEGATE AG - 12/22 10:03:16 pm
57.1200 EUR   +0.40%
19h ago ADIDAS : German world cup win boosts adidas
1d ago ADIDAS : sells more than three million Germany soccer shirts - Focus
3d ago Factbox - European companies adjust strategies in Russia
SummaryQuotesChart AnalysisNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

Adidas sues Big 5 over alleged sneaker knock-offs

05/16/2012 | 05:25pm US/Eastern

(Reuters) - Adidas AG has sued to stop a U.S. sporting goods retailer and a skateboarding equipment maker from selling sneakers with three parallel diagonal stripes, a design it said looks too much like its own.

The world's second-largest sporting goods company claimed that sneakers made by World Industries Inc and sold by Big 5 Sporting Goods Corp are knock-offs that infringe many Adidas trademarks.

Adidas first used the three-stripe motif in 1952 and began trademarking it in the United States in 1994.

World Industries could not immediately be reached for comment. Big 5, which has roughly 407 stores, did not immediately respond to a request for comment.

The stripes on World Industries' sneakers resemble those on Adidas' sneakers, but with tips shaped like arrows. Adidas attached to its complaint a Big 5 ad with adjacent World Industries and Adidas sneakers bearing a three-stripe design.

"World Industries' merchandise is likely to cause consumer confusion, deceive the public regarding its source, and dilute and tarnish the distinctive quality of Adidas' Three-Stripe Mark," Adidas said.

Adidas filed its complaint with the U.S. District Court in Portland, Oregon, where the German company's Adidas America unit is based. It seeks to halt the sale of infringing sneakers, the destruction of the sneakers, and money damages.

World Industries is based in Costa Mesa, California, and Big 5 in El Segundo, California.

Adidas has in recent years filed similar lawsuits against other retailers including Wal-Mart Stores Inc, which it said sold knock-off sneakers with two or four parallel stripes.

In 2008, a federal judge awarded Adidas $65.3 million in its trademark case against Payless ShoeSource Inc, reducing an earlier $305 million award by a jury. The companies later reached a confidential settlement, court records show.

Nike Inc and Asics Corp are among Adidas rivals to file lawsuits to protect their respective designs.

The case is Adidas America Inc et al v. World Industries Inc et al, U.S. District Court, District of Oregon, No. 12-00859.

(Reporting by Jonathan Stempel in New York; Editing by Kenneth Barry)

By Jonathan Stempel

React to this article
Latest news on ADIDAS AG
19h ago ADIDAS : German world cup win boosts adidas
1d ago ADIDAS : sells more than three million Germany soccer shirts - Focus
3d ago Factbox - European companies adjust strategies in Russia
3d ago Western companies scramble to cope with Russian rouble drop
3d ago Europe beware! Ashley's Sports Direct is spoiling for a fight
3d ago ADIDAS : Hameedia title sponsor of Envoy Golf Classic
4d agoDJNike Sees Jump in Sales, Growth Concerns -- 3rd Update
4d agoDJNike Sees Jump in Sales, Growth Concerns -- 2nd Update
4d agoDJNike Sales Jump 15% -- Update
4d ago ADIDAS : NFF in Talks Over Sponsorship Renewal
Advertisement
Chart
Duration : Period :
adidas AG Technical Analysis Chart | ADS | DE000A1EWWW0 | 4-Traders
Income Statement Evolution
More Financials
Dynamic quotes  
ON
| OFF