Jay-Z has scored one other win in his long-running authorized battle with perfume firm Parlux.
The rapper inked a take care of the perfume firm to create a line known as Gold Jay-Z again in 2012. Whereas preliminary gross sales soared, the product line quickly faltered. Parlux took the rapper to courtroom, alleging that the product line’s poor efficiency was on account of Jay-Z’s failure to honor promotional obligations. These obligations included the 2014 launch occasion at Macy’s and selling the product on Good Morning America. The lawsuit additionally alleged Jay-Z stored a $20,000 prototype bottle after rejecting its design to be used on the road.
Parlux sought a $68 million judgment in 2016 however was met with a countersuit for royalties owed—round $4.5 million.
Jay-Z’s countersuit additionally alleged that Parlux Fragrances gave him inaccurate documentation on its monetary well being. That resulted within the firm being unable to pay royalties it owed. The 2021 trial lasted three weeks upon which a jury decided Jay-Z didn’t owe the perfume firm something.
In February 2022, an appeals courtroom dominated that Parlux ought to be on the hook for royalty funds to the rapper. “The document is obvious: Parlux bought licensed merchandise after July 31, 2015 however did not pay royalties on these gross sales.”
New York Supreme Court docket Justice Andrew Borrok dominated Parlux owes Jay-Z unpaid royalties. Regardless of its claims, it continued to promote the Gold Jay-Z perfume into 2017. Parlux should pay $6.8 million in unpaid royalties and curiosity. Parlux has the proper to file an attraction on this case, however has not performed so but.
“We’ve been awarded and can be receiving the cash as we must always,” Jay-Z’s lawyer Alex Spiro stated in a remark to press. His lawyer argued that Jay-Z was given a 12 months to make the agreed-upon appearances and was not required to indicate up for the launch occasion of the perfume, regardless of Parlux Fragrances complaints about his absence.