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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Cobalt Blue Holdings Limited | TG:COH | Tradegate | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.0019 | 5.16% | 0.0387 | 0.035 | 0.0388 | 0.0387 | 0.0387 | 0.0387 | 2,000 | 09:20:01 |
Luxury handbag and accessory maker Coach Inc. (COH) has sued Target Corp. (TGT), alleging the Minneapolis, Minn., retailer is selling handbags that infringe on its designs.
The New York luxury goods company's Coach Services Inc. unit, in a lawsuit filed in U.S. District Court in Manhattan on Thursday, claims Target is selling handbags that are "confusingly similar" to Coach's Ergo and Signature Patchwork lines of handbags.
"Target is not authorized by Coach to manufacture, distribute, advertise, offer for sale and/or sell merchandise bearing the Ergo designs or the Signature Patchwork designs," the lawsuit said.
The lawsuit includes claims of trademark infringement and unfair competition.
Target didn't immediately have a comment when reached Monday.
-By Chad Bray, Dow Jones Newswires; 212-227-2017; chad.bray@dowjones.com
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