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Adidas Withdraws Opposition to Black Lives Matter Trademark [The New York Times]

New York Times Company (The) (NYT) 
Last new york times company (the) earnings: 2/6 07:00 am Check Earnings Report
Two days after Adidas objected to a trademark application by the advocacy group Black Lives Matter for a logo featuring three parallel stripes, the German sportswear company said that it would withdraw its opposition.Adidas challenged the trademark application in a filing with the U.S. Patent and Trademark Office on Monday. On Wednesday, the company said in an emailed statement that it would withdraw its opposition “as soon as possible.”In the filing on Monday, Adidas said that it opposed the Black Lives Matter application because it showed a trademark that “incorporates three stripes in a manner that is confusingly similar” to the company’s familiar three-stripe logo “in appearance and overall commercial impression.”The Black Lives Matter Global Network Foundation filed the trademark application for a yellow three-stripe logo design inNovember 2020which emergedThe foundation did not immediately respond to a request for comment. In its statement, Adidas did not say why it was reversin Show less Read more
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