The Kardashian Report: Kim, Khloé and Kourtney Sued for $180 Million for Not Promoting a Makeup Line
One tweet could have avoided disaster.
So much Kardashian news, so little time…
Kim, Khloé and Kourtney Kardashian are being sued by Hillair Capital Management over their Kardashian Beauty makeup line, predating the Kylie Jenner Lip Kit regime. The sisters launched a cosmetics collection under the name “Kardashian Khroma” in 2012 with a company called Boldface, but were forced to change the name to “Kardashian Beauty” due to a trademark conflict with the word “Khroma”. Hillair bought the company out in 2014 when Boldface went downhill financially, investing $10 million into the Kardashian’s project. Now, Hillair is claiming that the sisters refused to put their promotional social support behind the brand and is looking to regain their $10 million investment and the estimated $180 million in lost profits.
The company is suing for breach of contract, fraud and deceit, breach of covenant of good faith and fair dealing, breach of fiduciary duty, promissory estoppel and negligent misrepresentation, saying that the Kardashians damaged the brand and caused it to fail to get a “better, more lucrative deal” elsewhere.