Apparel Companies Settle Trademark Dispute

A Canadian apparel company has reached a $1 million settlement with Russell Brands and Fruit of the Loom in the relabeling and resale of Jerzees brand sportswear at stores in at least three states.

The agreement ends a dispute between Gildan Activewear Inc., based in Montreal, and the two companies. Under the terms of the agreement, Gildan must stop removing or altering Jerzees labels and tags and must destroy any stock of the sportswear. Gildan also will pay $50,000 in attorney's fees for the two companies.