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Stock impact report

Estee Lauder sues perfumer Jo Malone, Zara UK for contract breach, FT reports [Yahoo! Finance Canada]

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
Estee Lauder bought Malone's self-named perfume brand - and the rights to ?use her name - ?in 1999. Malone left the company in 2006 and launched ?a new fragrance label, "Jo Loves", in 2011. The use of "Jo Malone" on the packaging of ?Jo Loves ?fragrances sold ?by Zara formed the ?basis of the lawsuit filed on Wednesday, the FT report said. Malone is now being sued by the U.S. group for breach of contract, trademark infringement and "passing ?off" - a term referring ?to misleading consumers into ?thinking goods ?or services are those of ?another company, the report said. Estee ?Lauder, Zara ?UK's parent Inditex and Jo Loves did not immediately respond to requests ?for comment. ?Malone could not be immediately reached. (Reporting ?by Angela Christy in Bengaluru; Editing ?by Sumana Nandy) Show less Read more
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