South Korean automaker Kia Corporation reported a 37% year-on-year drop in net profits to KRW 1.42 trillion (US$ 997 million) in the third quarter of 2025, attributed mainly to the introduction of a 25% import tariff by the US government earlier this year. Operating profit plunged by 49% to KRW 1.46 trillion, with the company’s operating margin falling to 5.1%, with the results also affected by higher incentive payments and currency exchange rates. The company confirmed that the third-quarter results “we ...

Are widely used features in a product entitled to trade dress protection? The answer to that question has been narrowed considerably, at least for elements widely used in the marketplace, by a recent court ruling in a case brought on by Deckers Outdoor Corp. against Last Brand Inc., doing business as Quince. Quince is a direct-to-consumer retailer known for selling dupes of designer looks at lower prices while promising similar or comparable quality as the original. More from WWD Deckers filed its lawsuit ...