Coach Inc. has settled its lawsuit against Target Corp. seven months after accusing the Minneapolis-based discounter of ripping off some of its luxury handbag designs.
Terms of the settlement were not disclosed.
Coach filed the case in October, claiming that handbags "bearing exact and/or confusingly similar reproductions" to its Ergo and Signature Patchwork designs began showing up on Target shelves in or around the summer of 2009. Coach launched the popular designs in 2008.
In a joint statement, Coach said that all parties, including consumer goods sourcing company LF USA, which made the handbags sold at Target, have "amicably resolved the recent lawsuit."
Target did not comment about the agreement.
Rick Darling, president of LF USA, said in a statement: "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."
Coach sued Target over a similar handbag design issue in 2006, which also resulted in a confidential settlement.