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
Related
The “4-Plex Bill” Meant to Address the Housing Crisis Couldn’t Muster Enough Support - Much to t...
Read More >
In a recent publication, the Public Company Accounting Oversight Board (“PCAOB”) Staff shares some...
Read More >
The U.S. Court of Appeals for the Eighth Circuit recently affirmed a district court’s issuance of a...
Read More >
Tentative agenda for That 401(k) Conference, Progressive Field, Cleveland, OH, Friday, September 20,...
Read More >
The SECURE Act was enacted into law. It is effective on January 1, 2020. The Act makes significant c...
Read More >
A 401(k) plan is one of the great employee benefits. Within a 401(k) Plan, some options are truly be...
Read More >