Neither side was able to achieve a definitive win that would establish rule over the other's country, no matter how hard they wanted one. They were each willing to try, however. Despite this, King Richard wanted to simply negotiate a truce, against the wishes of parliament and the Lords Appellant. Not thinking he would succeed, they allowed him to go to Calais and meet with Charles, which they did outside of Calais in the town of Leulinghem.
As it happens, representatives of the kings met and tentatively arranged a three-year truce, but when the two kings met they extended it to 27 years (although it only lasted 13). By claiming they were at peace, they stopped hostilities between Portugal and Castile in Iberia, who were supporting England and France respectively. England and France also agreed to a Crusade against Turks in the Balkans.
They also agreed to keep meeting to discuss further joint ventures, so when Richard's wife Anne died in 1396, negotiations began to wed Richard to Charles' daughter Isabella, uniting the two royal families. The fact that Isabella was born in 1389 and was therefore only seven years old did not bother anyone; such is the nature of royal marriages. The wedding took place on 31 October 1396:
A tearful Princess Isabelle, dressed in a blue velvet dress sewn with golden fleurs de lys and wearing a diadem of gold and pearls, was carried by the Dukes of Berry and Burgundy to Richard’s pavilion. She was taken away by a delegation of English ladies led by the Duchesses of Lancaster and Gloucester. Four days later, on 4 November 1396, she was brought to the church of St. Nicholas in Calais where Richard married her. She was five days short of her seventh birthday. Her dolls were included in her trousseau. [Sumption, Jonathan (2011). The Hundred Years War, Volume 3: Divided Houses. p.831]
The two countries also agreed on helping to end the Western Schism, but Richard backed out and France decided to seize Avignon to force an end. Richard used the lack of war with France to concentrate on dealing with his enemies at home, confiscating their properties to redistribute them to his favorites. This was simply more of the same egregious behavior that led to the Wonderful Parliament and the Merciless Parliament.
When Richard went to Ireland to deal with a rebellion by Irish chieftains, his enemies saw their chance to deal with him once and for all. By this time, his uncle John of Gaunt was dead and the title Duke of Lancaster had fallen to Gaunt's son, Henry Bolingbroke. Bolingbroke had been one of the Lords Appellant created by parliament to manage the king's excesses years earlier. Richard had managed to exile Bolingbroke, but his trip to Ireland gave Bolingbroke the opportunity to return.
After his return? History was made. I'll tell you about that next time.
