It’s taken seven months, but Coach and Target have finally settled their court battle over copyright infringement. Coach claimed that Target sold bags resembling its Ergo and Signature Patchwork designs.
In a statement Coach said that all parties “have amicably resolved the recent lawsuit.” The terms of that resolution are confidential.
“We respect the integrity of all brands, including Coach, and are pleased that this matter has been resolved in a manner beneficial to all parties involved,” said Rick Darling, the president of consumer goods sourcing company LF USA.
I’d love to know the terms of that settlement. I’m sure Target will be removing the offending bags from its shelves, and perhaps Coach has been offered some kind of monetary compensation. I’m sure Target’s impersonators didn’t really take any business away from Coach, whose shares have been on the rise, but it’s the principle of the thing. At any rate, with all parties remaining tight-lipped I guess all we need to know is this case is done and dusted.
[Source: Business Week]
[Image Source: TheeErin/Flickr]
