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Stock impact report

Keds kicks Hanes' claims over 'Champion' trademarks [Reuters]

Wolverine World Wide, Inc. (WWW) 
Last wolverine world wide, inc. earnings: 4/22 06:30 am Check Earnings Report
Company Research Source: Reuters
U.S. District Judge Indira Talwani said the court lacked jurisdiction over Hanes' trademark claims, which solely related to its alleged rights in “Champion” outside of the U.S. Keds, which was represented by Zack Kleinsasser of Greenberg Traurig, said in a statement that it was pleased with the court's decision. Hanes and its attorney Bryan Parr of Paul Hastings didn't immediately respond to a request for comment. Champion Products Inc began using its name on clothing in the 1930s. Keds owns the “Champion” trademark for casual footwear in the U.S. and Canada. Before Winston-Salem, N.C.-based Hanes bought it in 1989, Champion had entered a licensing agreement with Keds that allowed Champion to use Keds' footwear mark on athletic shoes in the U.S., Canada, and any other country where Keds “may have acquired rights” in the “Champion” mark for shoes. The agreement automatically renews every five years, and was last renewed between Keds and Hanes in 2017. The parties amended the Show less Read more
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