Category: Beauty
Latest York Second District Supreme Court Justice Andrew Borrok has ordered Parlux to pay Jay-Z $6.78 million in unpaid royalties for his Gold Jay Z fragrance, the rapper’s lawyer, Alex Spiro, confirmed to WWD.
Shawn “Jay-Z” Carter partnered with Parlux in 2013 for the launch of his Gold Jay Z cologne, which was slated to debut at Barneys Latest York and Macy’s Inc. and later roll out to international markets, WWD previously reported.
In 2016, Parlux filed a $68 million lawsuit against the rapper’s company, S. Carter Enterprises, alleging he failed to satisfy his contractual obligations for the fragrance, including promotional appearances, ultimately costing the corporate $18 million.
The suit went to court last yr and was rejected by a Latest York jury,...
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Ahh, Labor Day weekend; the unofficial last hoorah before fall, and summer, we hardly knew ya. While we start to bid adieu to the hotter weather, we will not help but get enthusiastic about three things: flannels, PSLs, and all of one of the best Labor Day beauty sales we are able to soon shop for through the three-day weekend.Despite the fact that kicking back on the couch and getting in some quality leisure ought to be a high priority for the vacation, you could wish to pencil in a while to scour the amazing range of online deals happening over the long weekend. And true bargain-hunters know that there are early-bird sales you could find before LDW even kicks...
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LONDON — “Nothing happens, and nothing happens, after which the whole lot happens,” wrote Fay Weldon. She wasn’t referring to the world of finance, but those words capture the surge in corporate activism that’s set to accentuate this fall at two of Europe’s most high-profile groups.
Europe’s luxury and consumer firms don’t are likely to attract much activist attention, but an ideal storm of geopolitical tensions, soaring inflation and provide chain challenges post-pandemic have rattled stock markets, and put downward pressure on shares.
After so a few years of consistent growth, the softening markets have forced some big, vocal hedge fund honchos to reevaluate their portfolios, and lobby for change — to boards, management and techniques — geared toward extracting maximum value,...
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