The TJX Cos. reached a settlement agreement last week with Visa USA Inc. and Visa Inc. in litigation that arose out of TJX's previously reported unauthorized computer intrusions, according to a statement from the company. Under the terms of the settlement, TJX will offer up to a maximum of $40.9 million pretax in alternative recovery payments to eligible Visa issuers of payment cards that were affected. The settlement is conditional on the acceptance of the offer by at least 80 percent of the eligible Visa payment card accounts.
Saks Inc. settled two lawsuits filed by former vendors over alleged markdown allowance issues, according to media reports. The cases were filed separately by International Design Concepts, a former Oscar de la Renta licensee, and Kleinert's Inc. Terms of the settlement were not announced, but in its most recent earnings report, Saks said it had third-quarter expenses of approximately $2.7 million associated with the vendor lawsuits and the Securities and Exchange Commission investigation that closed in September. IDC filed its initial lawsuit in 2005 for alleged fraud, among other charges related to the company's markdown policy.
Chanel Inc. filed a lawsuit against Susan Lynne Pacini in San Francisco federal court on Nov. 26. Chanel alleged that Pacini sold counterfeit handbags and wallets through her Planet Tan and Master Marketeers Inc. businesses. Chanel asked for an injunction and damages. Pacini could not be reached for comment.
Separately, Chanel filed a trademark counterfeiting and infringement lawsuit in federal court in Pensacola, Fla., against Mark A. Lanton, who does business as stylesoflife.com and Stylesoflife. According to court documents filed on Nov. 14, Chanel alleged that Lanton sold counterfeit handbags and sunglasses. Chanel asked for an injunction, damages and trial costs. Lanton could not be reached for comment by press time.
Louis Vuitton Malletier reached a permanent injunction and final judgment on consent against Industech International Inc. in Manhattan federal court. The judgment was part of a larger lawsuit filed in 2004 against Industech, Burlington Coat Factory Warehouse Corp. and Four Seasons Handbag Co. for alleged trademark counterfeiting. Industech was restrained from infringing on Vuitton's trademarks. No financial damages were awarded in the judgment.
Eon-Net LP filed a patent infringement lawsuit against J. Crew Inc. in Manhattan federal court on Nov. 19. According to legal documents, Eon-Net alleged that an information processing methodology used on jcrew.com infringes on patents it holds. Eon-Net asked the court for an injunction and damages. J. Crew could not immediately be reached for comment. Separately, Eon-Net also filed a lawsuit in federal court in New Jersey against Burlington Coat Factory Warehouse Corp. over the same patents.
A grooming moment between @tanfrance and @antoni last night at the The LGBT Community Center Trailblazer Awards honoring Anna Wintour, Ricky Martin and more. See more photos at WWD.com #wwdeye (📷: @lexieblacklock)
“It was a very surreal feeling. It wasn’t like we were in the studio together coming up with it — it’s more like he discovered it and loved it. I didn’t let myself get my hopes up, but then it happened it was very exciting,” said singer-songwriter @nombe on discovering that @pharrell would be using his song, “Cant Catch Me” on his HBO documentary series “Outpost.” The German-born singer — named Noah MacBeth — talked to WWD about feminism, using art as a platform for political expression and personal style. Read more on WWD.com #wwdeye (📷: @jilliansollazzo)
This season, denim is going west – in influence. Brands like @fathersdaughterla (pictured here), @tommyhilfiger Jeans, @levis and more are opting for raw, top-stitching styles. (Styled by @thealexbadia; 📷: @ryanplett)
20-year-old British singer @jorjasmith_ made her debut at Coachella last weekend. We caught up with her and talked about her love for Amy Winehouse, working with Kendrick Lamar on the “Black Panther” album and her fashion philosophy. Read the interview on WWD.com #wwdeye (📷: @katiedaisyla)
Supermodel @helenachristensen teamed up with longtime friend and designer @camillastaerk on a joint @paredeyewear collaboration. The lineup features three styles and 11 offerings, all of which embody a vintage feel. Get all the details on how they celebrated the collab on WWD.com. #wwdaccessories #wwdeye (📷: @slovekinpics)
“It’s a hard industry to keep motivated, as well, so finding different subjects and people is what makes it worth it – when you’re like, oh, I’ve met great people, I feel like I’ve done something good, and I feel proud of having done this,” said French actress Stacy Martin on being grateful for the variety of roles she’s take on. Read @ktauer’s full interview with Martin on her her latest film “Godard Mon Amour.” #wwdeye (📷: @danieldorsa)