The problems of Kardashian Beauty continue to be spackled on thicker than a Kardashian’s contour. The Keeping Up With The Kardashians stars are facing a $200 million dollar lawsuit from investors who claim the struggling Kardashian Beauty isn’t being properly supported and endorsed by Kourtney, Kim, and Khloe Kardashian.
Hillair Capital Management shelled out $10 million dollars to help save Kardashian Beauty after the previous investor went belly-up. They expected Kourtney, Kim, and Khloe – the sisters behind the line – to promote the brand via social media. I mean how could they find the time in between tweeting pictures of themselves naked or posing with begrudging celebrities?!
CLICK THE CONTINUE READING BUTTON FOR MORE!
Ironically, at the heart of the lawsuit, is the sisters neglecting to TWEET about Kardashian Beauty. Kim is a self-proclaimed social media guru, who absolutely adores the medium. All the Kardashians are known for their over-sharing addiction to twitter. They used to Tweet and Instagram the products religiously, but I guess now that’s not the case? Kardashian Beauty has its own regularly updated Instagram page.
In an effort to recoup their investment, Hillair filed a $200 million dollar lawsuit. They’re seeking their original $10 million dollar investment, plus an additional $180 million for having to deal with the First Family Of Famewhoring.
RELATED – REALITY TV PRODUCTS WE LOVE!
This isn’t the first legal issue the Kardashians sisters’ beauty company has faced. Originally, they partnered with an investment and development group called Boldface Beauty, which helped them launch their previously named “Khroma Beauty.” Unfortunately Khroma was also the name of a pre-existing organic makeup collection (and we all know nothin’ about the Ks is organic) called “Kroma Beauty.”
Kroma sued Khroma and a judge blocked the Kardashians from using the name. They subsequently renamed their company Kardashian Beauty.
Boldface started experiencing financial problems, so Hillair Capital Management stepped in to buy out Boldface’s share of Kardashian Beauty for $10 million dollars.
However, they are unhappy with the Kardashians‘ investment in their own brand. According to TMZ, Hillair says the buy-out deal was contingent on the Kardashians promoting the products to their billions of followers, which isn’t happening! No komment from the Kardashians!
Kris Jenner is also battling a lawsuit from a company who claims she stole their ideas and mock-ups for Kim’s App, Kim Kardashian Hollywood.
Have fun in kourt, girls – can’t wait to see what y’all will show up wearing (Tip: don’t let Kanye dress you!).
TELL US – DOES HILLAIR HAVE A CASE? HAVE YOU TRIED KARDASHIAN BEAUTY?
[Photo Credit: Instagram]
