Guess Trademark Infringement Declared Victory Gucci Or No Rest.

Italy luxury brand Gucci sued the United States denim brand Guess trademark infringement case was declared a lawsuit, Gucci said it will appeal to Paris court ruling on Friday.

Gucci said it "strongly opposed" the tribunal de Grande instance in Paris and Guess in the United States and Italy.

The verdict of a case.

Guess also described the ruling on Friday as a "thorough victory", which relieves it from every claim alleging by Gucci that no trademark infringement has been found, no imitation and no unfair competition.

Guccio Gucci SpA, a subsidiary of Gucci, has been trying to find a loss compensation of 55 million euros (estimated at the current exchange rate of US $66 million 900 thousand), but it was rejected. On the contrary, the brand was asked to pay Guess 3 million euros.

The court also regarded the three Gucci's "G" trademarks as invalid, meaning that Gucci could no longer enjoy the exclusive right to use those trademarks.

"I continue to strongly believe that all these legal disputes are a company's waste of time, and these energies and money should be focused on business."

Guess CEO Paul Marciano said.

It is pointed out that in September last year, the court of appeal of Milan once said that the Guess's "attitude towards the imitation of Gucci patterns" is clear and clear, and "Guess's initiative is in many cases directed against Gucci's initiative and creativity in a systematic and large-scale exploitation."