J.C. Penney puts disputed Martha Stewart-designed goods on hold
NEW YORK (Reuters) - J.C. Penney (JCP.N) agreed on Thursday not to sell products designed by Martha Stewart in categories deemed exclusive to Macy's Inc (M.N) before a court date in April.
The agreement came as a New York judge adjourned a trial over whether Martha Stewart Living Omnimedia (MSO.N) 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.
(Reporting by Karen Freifeld; Editing by Eddie Evans)
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