Crocs, Skechers Settle Footwear Patent Fight
In a joint statement, the shoe companies said the terms of the settlement were mutually acceptable. Under the agreement, Skechers will discontinue production and sale of certain types of molded footwear, and the company said it will focus on its “core footwear styles.” Other details of the settlement were confidential.
“We are pleased that we are able to resolve these matters without either side having...
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