Coach withdraws lawsuit against Target

Luxury handbag and accessory maker Coach Inc. has dismissed it's lawsuit against Target Corp. The company had alleged that the Minneapolis retailer was selling a counterfeit handbag that claimed to be an authentic Coach product.

The New York-based luxury goods company claimed a counterfeit handbag that is an "exact replica of a genuine Coach handbag" and that had a counterfeit of at least one Coach trademark was purchased from a Target store in Largo, Fla.

Target denied the allegations and insisted it doesn't sell forgeries.

As it turned out, the authentic purses were purchased at a department store liquidation sale.

Yay! - CoachChick

Source: kare11.com