US: Louis Vuitton and New Balance settle design suit
New Balance, which had accused Louis Vuitton of copying the design of its iconic 574 sneaker, said the lawsuit has now been dismissed.
On its part, Louis Vuitton said it acknowledges "that New Balance owns valid and protectable rights in the 574 trade dress".
While Ed Haddad, vice president of intellectual property for New Balance, added: "We appreciate Louis Vuitton's cooperation in promptly resolving this matter.
"Based on our experience in resolving this issue and understanding what we both share in protecting intellectual property, we now hope to explore joining forces with Louis Vuitton in certain anti-counterfeiting initiatives."
Help test our new apparel sourcing tool.
Outdoor clothing company Craghoppers has strengthened its team to build on the current growth of its namesake and Bear Grylls Survival Clothing brands....
A recovery in the US and Europe helped world-leading luxury goods company LVMH to post first quarter revenues of EUR4.47bn (US$6.08bn), up 11% on last year....
- Digitalisation and data to disrupt supply chains
- EU eyes mandatory due diligence for apparel supply
- Unlocks for the future fashion sourcing landscape
- What TTIP might mean for US, EU textiles & apparel
- Geo-political uncertainty and how to survive it
- Li & Fung forms supply chain partnership with PVH
- US Q4 in brief – Finish Line, Oxford Industries
- Levi Strauss and ILO probe Cambodia factory death
- Big data to help US firms improve clothing fit
- Next books first FY profit fall in eight years
- Central and East Europe Report Package
- Central America strategic sourcing review - a focus on Guatemala, El Salvador and Honduras
- Southeast Asia strategic sourcing review – a focus on Cambodia, Vietnam and Myanmar
- REPORT BUNDLE: Africa-Med, Southeast Asia and Central America strategic sourcing pack
- When Things Go Wrong - A Practical Guide to Managing Common Problems in Apparel Sourcing