A European court ruled that Van Haren, a company that sold similar shoes, infringed the Designer Louboutin red soled high-heels trade mark. The European Union’s top court has defended French fashion designer Christian Louboutin’s claim to trademark red soled high-heel shoes.
The court said that it did not matter that the shoes were different in shape. It said the registration of the trademark “sought solely to protect that application of a colour to a specific part of that product.”
A month after Aurora Cannabis Inc. announced a $3.2- billion all-stock offer for rival licensed marijuana producer MedReleaf, the largest-ever deal in Canada’s cannabis industry as the company grows in anticipation of the legal- ization of recreational marijuana in Canada later this summer. Well that record lasted a month as Aurora Cannabis has signed an agreement to buy Anandia Laboratories Inc. with another all-stock deal valued at $115 million. Anandia provides research and development services as well as analytical testing for clients licensed under Canada’s medical cannabis rules.
AuroraCEO,TerryBoothsaysthedealexpandshiscompany’s capabilities and will help accelerate product development.
The companies say that Anandia’s cannabis testing services will remain operationally independent of Aurora.
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JUNE 2018 • SPOTLIGHT ON BUSINESS MAGAZINE
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