TAKING STOCK: THE BOTTOM LINE ON THE SHOE BIZ.(Asics America Corp. Files suit against Skechers USA.)(Global GAte Capital and Integrity Brands Acquire Wellco Enterprises Inc.)(Deckers Outdoor Corp. and Crocs Inc. record high share prices.)

ASICS/SKECHERS SUIT: Skechers USA is fighting back against a lawsuit filed by Asics America Corp. Skechers said in a statement last week that it denies all claims made by Asics for trademark infringement, unfair competition, trademark dilution and false advertising. Asics is seeking a permanent injunction against Skechers to prevent any future sales and distribution of shoes that bear a stripe design similar to Asics' well-known stripe design. "Our stripe design does not look like the Asics trademark; in fact, on the shoes in issue, our differences are patently obvious. Our designs use one horizontal stripe while Asics uses two horizontal lines-a prominent feature of the Asics trademark. In addition, our designs do not mimic the curves and contours of Asics' design,"...

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