Topeka-based Collective Brands Incorporated agrees to pay $30 million to settle a trademark infringement case brought by shoe rival K-Swiss.
The company is not admitting wrongdoing, but it will agree to avoid making and selling shoes that are confusingly similar to those made by K-Swiss.
Collective Brands operates the Payless and Stride Rite Shoe Store chains.
It says it believes some of the settlement will be covered by insurance although it is fighting its insurance company in court.
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