Former U2 stylist Lola Cashman has lost her High Court appeal against a Circuit Civil Court decision ordering her to return items belonging to the band.

The items include a stetson hat, a pair of trousers, a sweatshirt and a pair of earrings.

Neither the band nor Cashman were in court this morning for the judgement.

Counsel for U2 told the court that the band would not be pursuing its costs from the three-day High Court case and would not be seeking recovery of its costs from the two-day Circuit Civil Court case, which were awarded against Cashman following that hearing last year.

U2 had claimed that Cashman took the items without permission, while she insisted that they were gifts from the band and belonged to her.

The dispute started in 2004 when she put some of the memorabilia up for auction in London.

This afternoon U2 issued a statement saying that they were relieved that the matter had been concluded and hoped the outcome would bring closure "to all issues between the band and Ms Cashman."