Kardashian sisters 'sued' for $180 million over make-up line
Kardashian sisters, Kim, Kourtney and Khloe are being sued for $180 million in lost profits by an investment company over a failed make-up line.
The breach of contract dispute centres on the sister's deal with Boldface Group Inc, the make-up company that joint owns Kardashian Beauty, reports TMZ.com. The court action is part of a long running saga for the cosmetics range.
In 2014 Boldface was bought by Hillair Capital Management who
allegedly invested $10 million into the venture, after a costly
trademark dispute that saw the sister's debut range rebranded from
Khroma Beauty to Kardashian Beauty.
Now the investment company claims the TV stars have not adequately
promoted the business, causing it to fail, and are seeking to
recoup its costs, initial investment and $180 million worth of lost
profits.
Hillair also alleges the Kardashian sisters deliberately sabotaged
the deal in order to open the door to a "better, more lucrative
deal." After failing to secure new investors the sisters are then
alleged to have tried to pull the Kardashian name from the
products.
Filing its claims in Los Angeles on Monday (21Mar17), the company's
court papers state it "agreed to put up million of dollars to help
the Kardashians salvage their struggling" line. Yet the sisters
failed in their duties as "the faces of the line" to "actively
promote, market and support the line."
The brand's website states the sisters are "the creators,
ambassadors and faces of this new make-up line, the Kardashian
sisters embody beauty, style and fashion in a manner that is
desirable." The mid-price make-up range includes lip, eye, face and
nail ranges.
However, in 2013 the sisters filed a suit claiming they were "not
involved in running Boldface - they are not part of its management,
nor are they agents, employees, officers or directors of Boldface,"
after they objected to the re-brand of their range from Khroma to
Kardashian Beauty.
The reality stars have been accused of breach of contract, fraud
and deceit as well as negligent misrepresentation.