News

Skechers USA says Reebok is stepping on its toes

BY CSA STAFF

Skechers USA has filed a lawsuit against Reebok International for selling footwear that, according to Skechers, infringes on its Go Walk product line.

The suit, filed in the United States District Court for the Central District of California, seeks compensatory and punitive damages as well as injunctive relief for infringing on Skechers’ patent and trade dress rights and for unfair competition. The suit states that Reebok is selling the infringing products under the name Reebok Walk Ahead RS.

“Skechers has invested tremendous resources into designing, developing, advertising and patenting our Skechers Go Walk product line and has built Skechers Go Walk into a name and look globally recognized and synonymous with Skechers,” stated operating chief David Weinberg. “While we prefer to compete in the market place, Reebok is selling its infringing footwear to Skechers wholesale customers and in other sales channels where Skechers Go Walk is sold, and we believe this is causing us enormous damage. Considering our investment in Skechers Go Walk, we cannot allow a company the size of Reebok, or any other company for that matter, to infringe on one of our most valuable intellectual properties. We plan on taking similar action against any company that develops any products that infringe on the patents and trade dress of Skechers Go Walk as well as our other proprietary product lines, and any retailer that sells Reebok Walk Ahead RS.”

The company is being represented in the suit by Marshall Lerner of Kleinberg and Lerner in Los Angeles.

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News

Pricing powers join forces on e-commerce front

BY CSA STAFF

Omnichannel pricing solution provider Clear Demand and pricing intelligence leader 360pi have formed a partnership to put powerful new capabilities into the hands of retailers.

Under the joint initiative, 360pi’s real-time price intelligence will be fed into Clear Demand’s pricing platform, which in turn alerts retailers to competitive price changes – including compliance with product-line and pricing rules – to help manage competitive price strategy. This relationship is part of both companies’ initiatives to build an ecosystem of strategy and technology partners that help retailers compete more effectively and leverage their existing technology investments.

“Online price transparency has created a ‘competitive pricing imperative,’ in which shoppers’ purchase decisions for certain price-sensitive SKUs are influenced more by price competitiveness than by price sensitivity alone,” said Jim Sills, president and CEO, Clear Demand. “Understanding and executing on these insights can help shape sustainable merchandise and pricing strategies and help retailers avoid the proverbial race-to-the-bottom. 360pi’s best-in-class competitive price intelligence, combined with Clear Demand’s big data analytics, holds the key.”

At 360pi, the company collects billions of pricing and product data points and continues to see an explosion of dynamic pricing which is creating challenges and opportunities.

“Increasing price transparency and price dynamism across categories means these numbers are growing exponentially, adding to the challenge facing retailers,” said Alexander Rink, 360pi’s CEO. “We are extremely pleased to work with retail pricing and analytics leader Clear Demand to help retailers understand what’s happening, and then take effective and sustainable action in near real-time.”

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REAL ESTATE

Sleepy’s leases DeKalb, Ill., store

BY Michael Fickes

Chicago — Mattress retailer Sleepy’s has leased a 7,017-sq.-ft. store in DeKalb, Ill., from Arthur Goldner & Associates. The new location is part of the company’s expansion in Illinois.

CBRE represented Arthur Goldner & Associates in the transaction. Mid-America represented the tenant.

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