A legal battle between Adidas AG and Payless ShoeSource over parallel stripes resulted in a huge win for Adidas: a jury award of $305 million.
Charlie Henn, a partner at the Kilpatrick Stockton LLP law firm that represented Adidas, said the jury award from a federal court in Portland included roughly $30 million in actual damages, $137 million for profits Payless made on the infringing goods and $137 million in punitive damages.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)