MSLO sues Sears Canada for Everyday royalties
November 8, 2007,
New York -- Martha Stewart Living Omnimedia, through its MSO IP Holdings Inc. entity, has brought suit against Sears Canada for breach of contract, in a dispute over licensing royalties.
MSLO did confirm wire reports but made no direct comment on the lawsuit, which was filed in the U.S. District Court for the Southern District of New York (Manhattan).
The Martha Stewart Everyday license is carried exclusively in the U.S. by Kmart, a division of Sears Holdings, the majority stakeholder of Sears Canada.
Related Content By Author
1200 Suppliers are Ready for You at Intertextile Shanghai
Home & Textiles Today eDaily
Most Viewed Articles
See the August 2017 issue of Home & Textiles Today. In this issue, we look at the Top 50 Retailing Giants Report, plus Manufacturing: Made in the USA gaining ground; International: Portugal ramping up exports; New products: NY Now home textiles introductions; Outlook: Commentary from H&TT's editors; and Planning: Trade show calendar.