J.C. Penney puts disputed Martha Stewart-designed goods on hold
NEW YORK, March 7
NEW YORK, March 7 (Reuters) - J.C. Penney agreed on Thursday not to sell products designed by Martha Stewart in categories deemed exclusive to Macy's Inc before a court date in April.
The agreement came as a New York judge adjourned a trial over whether Martha Stewart Living Omnimedia breached its contract with Macy's when it entered into a deal with J.C. Penney. The trial was adjourned until April 8 because of scheduling conflicts.
Justice Jeffrey Oing of New York state Supreme Court also ordered the companies into mediation in an effort to resolve the dispute.