Uggs awarded $686M in lawsuits against Chinese counterfeit boots

Uggs won a lawsuit against counterfeit Chinese boots. Do think they are stylish or ugly? (Credit: Thinkstock)Uggs are like the Nickelback of footwear — they rake in obscene amounts of cash, but no one admits to wearing their product (or listening to their music).

Deckers Outdoor Corp., the parent company of the ubiquitous sheepskin footwear, was awarded $686 million in lawsuits from over 3000 China-based websites selling cheap knock-offs of the product.