Kardashian Sisters Sued over Beauty Line
Hillair Capital Management claims it ponied up more than $10 million to save the Kardashian sisters’ struggling cosmetics line, “Kardashian Beauty” after their former business partner went belly up.
The Kardashians originally partnered up with a company called Boldface in 2012, launching a makeup line called “Khroma Beauty.”
A year later, a judge blocked the company from using the name “Khroma.” The girls changed the name to “Kardashian Beauty,” but Boldface started tanking.
Hillair Capital Management saved the situation by buying out Boldface and sinking $10 millon into the business. Hillair now claims the Kardashian girls didn’t hold up their end of the bargain by blasting out the virtues of “Kardashian Beauty” to their millions of followers.
Hillair wants its $10 million back plus what they would have made, which is up to $180 million.