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Stock impact report

Jo Malone sued for using her own name in collaboration with Zara [Yahoo! Finance]

Estee Lauder Companies, Inc. (The) (EL) 
Last estee lauder companies, inc. (the) earnings: 5/1 06:45 am Check Earnings Report
US:NYSE Investor Relations: elcompanies.com/investors
Company Research Source: Yahoo! Finance
British perfumier Jo Malone is being sued by Estée Lauder Companies for using her name in a collaboration with High Street retailer Zara. The US cosmetics giant bought Malone's eponymous perfume brand, Jo Malone London, including the rights to her name, in 1999. Though the Zara collaboration was with Malone's new brand Jo Loves, Estée Lauder Companies took issue with the use of Malone's name on the packaging, which read: "A creation by Jo Malone CBE, founder of Jo Loves". The group is suing Jo Malone herself, Jo Loves and Zara's UK arm for trademark infringement and breach of contract. The BBC has approached Jo Malone for a response. Zara UK declined to comment. The Zara x Jo Loves collaboration started in 2019. Malone has previously said she regretted selling the rights to use her own name for commercial purposes. Under the terms of the 1999 deal, Malone had agreed not to use the "Jo Malone" name for commercial uses, including marketing fragrances. As first reported by Show less Read more
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