Nike Inc. (NYSE:NKE) is facing a trademark lawsuit that could complicate its marketing strategy ahead of the upcoming World Cup after allowing its Total 90 trademark registration to lapse in 2019.Check out the current price of NKE stock here. The sportswear giant has been drawn into a legal dispute over the iconic soccer line, which remains a key part of its World Cup plans, despite the trademark having since been acquired by a third party.Trademark DisputeThe trademark was registered in February 2022 by Hu ...

Core Viewpoint - Radico Khaitan has received interim relief from the Punjab and Haryana High Court in a trademark dispute regarding its Kashmyr vodka, which is being challenged by Piccadily Agro Industries over alleged trademark infringement [1][2]. Trademark Dispute - The dispute involves Piccadily Agro Industries, which filed a commercial suit against Radico Khaitan in July, claiming that the use of "Kashmyr" for vodka products is similar to its registered trademarks "Cashmere" and "Cashmir" [1][2]. - Radico Khaitan was initially restricted from selling products under the Kashmyr name, but this order has been suspended pending a hearing scheduled for 13 November [2]. Allegations and Arguments - Piccadily Agro alleges that Radico Khaitan's use of "Kashmyr" creates "deceptive similarity" with its "Cashmere" trademark, which could confuse consumers due to phonetic similarities and similar pricing [3]. - Radico Khaitan contends that the lawsuit is not maintainable in Karnal, as it does not manufacture or sell products in Haryana and lacks an excise license there [3][4]. Business Performance - In August, Radico Khaitan reported a significant increase in quarterly sales, with a 32% rise in net revenue from operations to ₹15.06 billion ($171.8 million) for the quarter ending June [5].