Much to nobody's surprise, the parties were back in court yesterday with no settlement in hand. Macy's brought the lawsuit against both Martha Stewart and J.C. Penney contending that it has "an exclusive license to make and sell Martha Stewart-branded products in certain exclusive product categories".
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| Martha Stewart testifying in court earlier today |
Martha Stewart, Macy's CEO Terry Lundgren, and (as of 9 hours ago) former J.C. Penney CEO Ron Johnson have all taken a spin in the witness box to testify in the case. And while all their he-said, she-said drama makes for some entertaining tweets:
Stewart told Tighe, "they were feeding off" her brand."
— Women's Wear Daily (@womensweardaily) April 8, 2013
"Rest means rest," an exasperated Penney's lawyer said, referring to Macy's assertion that it mayhave rebuttals after it rests its case.
— Women's Wear Daily (@womensweardaily) April 8, 2013
"I think my spouse would be totally depressed that I know all this stuff," Judge Oing said about his knowledge of MSLO's home goods.the hold up is not helping J.C. Penney's turnaround plans as its CEO has just been dropped. Ouch. Maybe Martha will make him a delicious pie to help ease the pain.
— Women's Wear Daily (@womensweardaily) April 11, 2013
Photo Credit: www.money.cnn.com
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