Eleven Paris settles lawsuit with Beyonce, Kanye West and Rihanna

Fashion retailer Eleven Paris has reportedly "amicably" settled a lawsuit collectively filed by US based artists Beyonce, Rihanna, Kanye West, Jay Z and Pharrell Williams outside of court this week.

The recording artists first took legal action against the Parisian brand in October for the unlawful use of their names and images on a number of garments and accessories, including t-shirts and phone cases. The group accused Eleven Paris of "brazenly" infringing their trademark rights and copyright song lyrics.

Eleven Paris will now stop manufacturing and selling all offending products, reported the Fashion Law, and all 60 allegations brought against the retailer have been officially dropped. Details regarding the financial aspect of the settlement, which saw the group seeking payment for damages, have not been disclosed.