Skechers (SKX) USA announced it will vigorously defend the patent suit filed in Texas federal court by Kizik Design. The suit alleges that the entire Skechers Hands Free Slip-ins product line infringes Kizik’s patents. Skechers called the allegations “baseless,” stating it has developed its own unique Slip-ins technology and obtained more than 140 patents worldwide. Skechers President Michael Greenberg questioned the timing of the lawsuit, suggesting it was motivated by Skechers’ recently announced merger with 3G Capital.
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