The Federal Circuit affirmed the Patent Trial and Appeal Board’s ruling that Crocs’ core clog patent, No. D517,789 was valid, perhaps finally ending the company’s long running dispute with now bankrupt USA Dawgs.

The DTC fitness apparel and sneaker brand said that revenues declined 20% in the final quarter to $3.3 million from $4.1 million, and were down 12% in the pandemic year at $11.1 million from $12.6 million.

Varsity Brands’ team dealer division has acquired Louisville, KY-based Shively Sporting Goods, the largest independent sporting goods dealer in the state.