US retail giant Walmart has settled a trademark lawsuit with shoe and apparel company Vans, according to a filing in California federal court.
The two companies resolved the dispute with Walmart, agreeing with the court’s order to stop selling the alleged copies permanently.
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Further details on the development were not provided.
The court filing said: “The parties plan to lodge a Consented Permanent Injunction within three days. The parties’ settlement agreements include undertakings to be completed within 30 days. Within five days of when those undertakings are completed and when the Consented Permanent Injunction is entered by the court (whichever is later), the parties will file a Joint Motion to Dismiss With Prejudice.
The parties respectfully request the court cancel all currently scheduled dates, including the trial set to commence on Tuesday, 28 November 2023 and hold the case open for 45 days. If, at the end of this period, the parties have not filed a request for dismissal with prejudice, the parties will submit a status report concerning the status of settlement.”
In 2021, Vans accused Walmart of selling knockoffs of more than 20 versions of its shoes, including its Old Skool low-top and Sk8-Hi high-top shoes.
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By GlobalDataIn its complaint to the court, The company said that all Walmart’s shoes cost less than $20 and are “cheap, poorly made and confusingly similar” to its own shoes.
Vans, which manufactures skateboarding shoes, initially requested the court to permanently block Walmart from selling the shoes.
It also demanded the retail giant’s profits from the shoes and other monetary damages.
In 2022, US District Judge David Carter approved Vans’ request to temporarily block sales of Walmart’s shoes but rejected the company’s proposal to hold Walmart in contempt for allegedly violating the order.
Walmart had earlier denied Vans’ allegations and the case was set to go to trial later this month.
US brand NIKE recently filed federal lawsuits against New Balance and Skechers for infringing the patents directed towards its “Flyknit” technology.
