Thursday, December 29, 2011

Bakers Footwear Enters into Trademark Sale and License Agreement for Its Wild Pair Brand

Bakers Footwear Group, Inc. (OTC Bulletin Board: BKRS.OB) today announced it had entered into a Trademark Sale and License Agreement for its Wild Pair trademark, and related trademarks, with Steven Madden, Ltd. (NASDAQ: SHOO). The arrangement calls for Steve Madden to purchase the Wild Pair trademark for up to $4 million and enter into a non-exclusive, non-transferable, royalty free perpetual license for the marks with Bakers Footwear Group to allow Bakers to continue to offer Wild Pair footwear in it...continued
     

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