From AP:
French dairy maker Group Danone SA said Tuesday it would appeal to higher authorities after a local court ruled that its estranged Chinese joint venture partner owns the popular Wahaha trademark.
Danone’s statement followed the rejection by the Hangzhou Intermediate People’s Court of its appeal against a Chinese arbitration commission’s decision to back Hangzhou Wahaha Group’s right to use the disputed brand name outside the 39 joint ventures the two operate together.
“As you can see, reported everywhere, we own the trademark forever,” said Wahaha spokesman Shan Qining.
Bloomberg reports that Danone has taken its battle to Sweden to The Arbitration Institute of the Stockholm Chamber of Commerce.
