Spears, Skechers Settle Competing Suits

By | May 16, 2003 at 12:00 AM

Lawyers for Britney Spears and the Skechers footwear company have settled competing federal lawsuits over a deal for the pop star to market a line of roller skates and accessories, court documents state.

Terms of the settlement were not disclosed.

Spears filed a $1.5 million breach of agreement lawsuit against Skechers in December, claiming the Manhattan Beach-based company failed to pay her adequately for marketing a line of skates and accessories.

The 21-year-old pop star also claims Skechers failed to find outside businesses to make accessories for her line, and used her presence in ads to increase sales of its own skate products.

Skechers responded with a $10 million lawsuit, accusing Spears of fraud and breach of the three-year, worldwide licensing agreement she signed in January 2002.

The company claimed Spears refused to cooperate with designers and marketers in rolling out her products.

The settlement was disclosed in documents filed May 8 in U.S. District Court in Los Angeles.

Skechers spokeswoman Jennifer Clay declined to discuss terms of the settlement because of a confidentiality agreement. A phone message left with an attorney representing Britney Brands Inc. was not immediately returned.