Adidas and Wal-Mart settle

Adidas and Wal-Mart have settled their 3-year-old trademark infringement fight. Both companies have agreed to dismiss the suit.

This case was over Wal-Mart’s selling footwear with two stripes. In 2002, adidas sued Wal-Mart over the sale of footwear with four stripes.

Currently, adidas has at least seven patent and trademark infringement suits pending.