Spears and Skechers Settle Lawsuits
Skechers USA has settled mutual breach of contract lawsuits with
Britney Spears, Sketchers said yesterday.
Details of the settlement were not revealed.
In December 2002, Spears filed a $1.5 million lawsuit against the
Manhattan Beach, CA-based company, claiming that the company used her
image to promote its own 4 Wheelers By Skechers instead of the Britney
Spears 4 Wheelers as was agreed upon in a three-year licensing pact
(Jan. 8 Xtra).
The lawsuit also claimed that Skechers was slow at finding an outside
manufacturer to produce the skates and that the company used her
likeness before the Britney 4 Wheelers were available. Sales were low
and Spears did not receive bonus royalties, the suit claimed. Spears
also contended that Skechers dropped out of a concert sponsorship, part
of the three-year deal signed in January 2002.
In March, Skechers filed a suit against Spears and her companies
Britney Brands, Inc. and Britney Touring, Inc., alleging that the
singer was at fault for not following the contract. The suit said that
she did not approve designs and manufacturers for her clothing and
accessory line, which caused the company to miss the fall season.
Skechers sought damages in excess of $10 million.
The settlements were approved last week by a federal judge in Los
Angeles.
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