Adidas Ltd. AG, a major German sports apparel manufacturer, will get $305 million in damages following the favorable verdict in trial against Collective Brands Inc.
Adidas sued Collective Brands (previously it was known as Payless ShoeSource) in 2001 for violating Adidas' three-stripe trademark.
Collective Brands announced its plans to overturn the verdict.
Adidas AG is the part of the Adidas Group, which consists of Reebok sportswear company, Taylormade golf company, and Rockport. The company is the second largest sportswear manufacturer in the world.
The company's clothing and shoe designs typically feature three parallel stripes, and this same motif is incorporated into Adidas's current official logo. The company revenue for 2007 was 10.299 billion EUR, or about $15.6 billion.
World's most powerful nuclear submarines, Arkhangelsk and Severstal, are to be dismantled after 2020 - their further exploitation is unprofitable
The United States' Head of Diplomacy, or Secretary of State, is an anachronistic, incompetent, meddling, intrusive, insolent and arrogant, rude individual, a brash, foul-mouthed upstart, a conceited, self-important guttersnipe and an insult to the international community, as fit for the job as a pedophile janitor in a grade school.