Macy’s claimed that a 2011 merchandising deal between Stewart and JCP for a series of branded in-store shops violated its exclusive agreement with MSLO, dating back to 2006, for licensed items including bedding and bath products.
Details of the settlement between the Macy’s and MSLO are not being released, but both companies mentioned plans for a continued partnership in statements. Macy’s also says that the agreement with MSLO will not impact its ongoing lawsuit against JCP.
In October 2013, JCP revised its agreement with MSLO to remove products in the disputed home goods categories and gave up its 17 percent stake in Stewart’s company following a trial in New York state court, according to Reuters. Macy’s is still seeking damages from JCP.
Macy’s released the following statement: "Macy's has resolved its breach-of-contract lawsuit against
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