Court gives JCP go-ahead for Martha-designed products
HTT Staff -- Home Textiles Today, 4/12/2013 4:19:36 PM
New York - They won't carry the Martha Stewart name, but home products designed for JCPenney by Martha Stewart Living Omnimedia will now be allowed to roll into stores under the JCP Everyday name.
According to several news reports, the judge in the Macy's lawsuit this afternoon cleared the way for what is reportedly some $100 million in Stewart-designed product now warehoused to be sold at JCPenney.
"Macy's had asked that those JCP Everyday products be added to the list of items Penney is prohibited from selling. Losing that motion to Macy's would have cost Penney millions of dollars and forced it to dump the products it plans to fill the shelves of the Stewart sections set to open next month," CNN Money reported a short time ago.
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