X
11Aug

Not so Pretty: Cosmetic Company Acquisitions Lead to Contentious Trade Secret Spat

At the end of 2019, Coty Inc. (“Coty”) expanded its brand portfolio by closing a notable $600 million deal for a majority stake in reality star Kylie Jenner’s young cosmetics company, King Kylie LLC (d/b/a Kylie Cosmetics). The purchase placed the valuation of the Kylie Cosmetics at $1.2 billion. Drama soon followed the acquisition as reports questioning Ms. Jenner’s net worth (and consequently, the value of her cosmetics empire) surfaced in May 2020, overshadowing Coty’s launch of the Kylie...
By: Seyfarth Shaw LLP
Source Url: https://www.jdsupra.com/legalnews/not-so-pretty-cosmetic-company-14803/

Related

Summer Travel Tips for Foreign Nationals Living in the U.S. on a Temporary Visa

Any foreign national making plans to travel abroad this summer should make sure to prepare in advanc...

Read More >

Ohio Order Prohibits Mass Gatherings and Other Business Operations - Updated May 14, 2020

According to Governor DeWine’s Responsible Restart Ohio plan, a phased approach to reopening the Oh...

Read More >

City of Pittsburgh Paid Sick Days Act Effective March 15, 2020

The City of Pittsburgh Paid Sick Days Act (“Act”) will take effect on March 15, 2020. Covered empl...

Read More >

[Audio] Employment Law Now: IV-53- 3rd Anniversary Special: Politics and Employment

For my 3rd anniversary special episode, I am joined once again by Howard Schweitzer to talk all thin...

Read More >

Oregon Upholds Meal-Break Compliance

On Thursday, November 14, 2019, the Oregon Court of Appeals released its decision in Maza v. Waterfo...

Read More >