Skechers Wins a Decisive ITC Ruling Over Nike

Sneaker maker Skechers (NYSE: SKX) kicked Nike's (NYSE: NKE) Converse unit in court, stomping flat all of its rival's claims of trademark infringement. Almost two years ago, Converse sued Skechers in federal district court and at the International Trade Commission, saying Skechers' Twinkle Toes and BOBS shoes infringed on its Chuck Taylor trademark.