The luxury label has had to discontinue its "Minstrel" sneaker design as part of its settlement with New Balance, who had filed a trademark infringement lawsuit against them, WWD reports.
As we previously reported, New Balance claimed in September that the all-gray "Minstrel" (priced at $590) was a rip-off of its longtime "574" model ($75).
"Louis Vuitton's superior marketing ability and fame is likely to lead to reverse confusion because some relevant consumers will come to associate the 574 design with Louis Vuitton, not New Balance," the company's lawyers said at the time, according to the paper.
On the bright side, LVMH North American director of civil enforcement Michael Pantalony reportedly called the settlement "amicable," while New Balance expressed interest in teaming up with its former foe to tackle trademark issues.
"Based on our experience in resolving this issue and understanding what we both share in protecting intellectual property, we now hope to explore joining forces with Louis Vuitton in certain anticounterfeiting initiatives," Ed Haddad, the sneaker brand's vice president of intellectual property, told WWD.
And then the two linked arms and skipped off to go share an ice cream sundae with two spoons.