- Adidas (OTCQX:ADDYY) filed a lawsuit against Skechers (NYSE:SKX) over the design of the company's Mega Flex shoe. The legal action maintains the shoes infringes on the Springblade concept from Adidas.
- It's not the first legal tussle between the two shoe sellers. Last year, Adidas sued Skechers over stealing the design of the retro Stan Smith tennis shoes.