STOCK TITAN

Crocs, Inc. Files Complaint with United States ITC to Block Importation and Sale of Trademark-Infringing Products

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Negative)
Tags

BROOMFIELD, Colo., June 8, 2021 /PRNewswire/ -- Crocs, Inc. (NASDAQ: CROX), a global leader in innovative casual footwear for women, men and children, announced that it has filed a complaint with the United States International Trade Commission (ITC) seeking an investigation of unlawfully imported shoes into the United States in violation of its registered trademarks.

Crocs' registered trademarks protect the brand's iconic products and designs, which are widely recognized in the footwear industry. In its ITC complaint, Crocs seeks to block the importation and subsequent sale of products into the United States that infringe on its trademark rights. The relief sought by Crocs will apply to any importer of infringing products and protect the Crocs brand from those who seek to unfairly trade off of Crocs' success, in perpetuity.

"We pride ourselves in creating iconic products that are distinctly Crocs and this decisive action further demonstrates our commitment to protecting our brand, our trademarks and other intellectual property," said Crocs CEO Andrew Rees. "By blocking the importation and sale of trademark-infringing footwear, we can ensure with confidence that our product DNA is fully protected while continuing to provide an authentically Crocs experience to our customers and consumers."

This complaint follows a 2006 request filed by Crocs with the ITC relating to its design and utility patent rights for the Crocs Classic Clog. This initial action resulted in the ITC issuing a general exclusion order barring the importation of product infringing its patent rights – the same relief that Crocs seeks in its current action with respect to its trademarks.

About Crocs, Inc.
Crocs, Inc. (Nasdaq: CROX) is a world leader in innovative casual footwear for women, men, and children, combining comfort and style with a value that consumers know and love. The vast majority of shoes within Crocs' collection contain Croslite™ material, a proprietary, molded footwear technology, delivering extraordinary comfort with each step.

In 2021, Crocs declares that expressing yourself and being comfortable are not mutually exclusive. To learn more about Crocs or our global Come As You Are™ campaign, please visit www.crocs.com or follow @Crocs on Facebook, Instagram and Twitter.

Investor Contact:
Cori Lin, Crocs, Inc.
(303) 848-5053
clin@crocs.com

PR Contact:
Ryan Roccaforte, Crocs, Inc.
(303) 848-7885
publicrelations@crocs.com  

Crocs Logo (PRNewsfoto/Crocs, Inc.)

 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/crocs-inc-files-complaint-with-united-states-itc-to-block-importation-and-sale-of-trademark-infringing-products-301307277.html

SOURCE Crocs, Inc.

Crocs, Inc.

NASDAQ:CROX

CROX Rankings

CROX Latest News

CROX Stock Data

9.04B
58.44M
2.9%
95.64%
8.4%
Footwear Manufacturing
Manufacturing
Link
United States of America
BROOMFIELD

About CROX

crocs, inc. (nasdaq: crox) is a world leader in innovative casual footwear for men, women and children with more than $1 billion in annual revenue. the company offers several distinct shoe collections with more than 300 four-season footwear styles. all crocs™ shoes feature croslite™ material, a proprietary, revolutionary technology that gives each pair of shoes the soft, comfortable, lightweight, non-marking and odor-resistant qualities that crocs wearers know and love. crocs fans “get crocs inside” every pair of shoes, from the iconic clog to new sneakers, sandals, boots and heels. since its inception in 2002, crocs has sold more than 200 million pairs of shoes in more than 90 countries around the world.