Nestle's Persona Nutrition, repped by Kelly Ripa, sued [FOX Business Network]
Ulta Beauty, Inc. (ULTA)
Last ulta beauty, inc. earnings: 3/12 04:03 pm
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Source: FOX Business Network
Nestle's supplement company Persona Nutrition, which recently tapped talk show host Kelly Ripa as its spokeswoman, is being sued by make-up artist Sona Gasparian for stealing the name of her company — and even her customers. Gasparian says she founded beauty company Persona Cosmetics five years ago only to see Nestle launch a line of supplements under the name Persona Nutrition in 2018. While Gasparian's company sells eyeshadows, lipsticks, blush and brushes, including in Ulta Beauty stores, she claims Nestle's company is a blatant copycat that's already created confusion among customers. NESTLE, UNDER FIRE OVER UNHEALTHY PRODUCTS, WORKING ON NEW STRATEGY According to the Las Angeles state court lawsuit, numerous consumers have reached out to Gasparian's cosmetics company via email to cancel their subscriptions to Persona Nutrition, including one who said it gave her an "upset stomach," and another who was instructed not to take anything other than pre-natal vitamins because
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News
- Ulta Beauty, Inc. (NASDAQ: ULTA) had its price target lowered by analysts at TD Cowen from $580.00 to $520.00. They now have a "buy" rating on the stock.MarketBeat
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- Ulta Beauty, Inc. (NASDAQ: ULTA) had its price target lowered by analysts at Jefferies Financial Group Inc. from $610.00 to $585.00. They now have a "buy" rating on the stock.MarketBeat
ULTA
Earnings
- 3/14/24 - Beat
ULTA
Sec Filings
- 4/5/24 - Form SC
- 4/4/24 - Form 8-K
- 4/2/24 - Form 4
- ULTA's page on the SEC website