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Stock impact report

Troubled Waters? FullBeauty Sees Infringement Accusations for Swimwear Designs [Yahoo! Finance]

Macy's Inc (M) 
Last macy's inc earnings: 2/25 06:55 am Check Earnings Report
US:NYSE Investor Relations: macysinc.com/ir
Company Research Source: Yahoo! Finance
The plaintiff, Global Trademarks, states in the complaint that it holds patents for its “Rita”-style swimsuit top, its “Criss-Cross Escape” style and its “Ronnie”-style swimsuit top, all of which are licensed for use by Swim USA, a swimwear designer and manufacturer. More from Sourcing Journal What Goes Around Comes Around Claps Back at 'Radical' Chanel Injunction Lacoste Wins Trademark Infringement Lawsuit in China Brandy Melville Files Another Lawsuit Against Redbubble Lawyers for the plaintiff allege that FullBeauty and its brand Swimsuits For All (SFA) have, without approval, “been offering, promoting and selling knock-off swimsuits that infringe plaintiff's design patents and trademark rights.” According to the complaint, FullBeauty and SFA purchased products from Swim USA for resale among its brands. The paperwork alleges FullBeauty did so “at least as early as 2017 and through 2019,” and that SFA did so “at least as early as 2012 and through 2018.” Per Global Tra Show less Read more
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