Victoria’s Secret and Phat Farm Settle Trademark Dispute

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Phat Fashions sued Victoria's Secret in March because the logo for its Pink line closely resembled the Phat Fashions logo, but the case was recently settled. On Wednesday a judge dismissed the suit after both parties reached a mutual agreement. Terms of the deal were not disclosed, but Phat Fashions was seeking $1 million in damages and the destruction of offending Pink merchandise. [DNR]