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Story summary
- Nomi Beauty has filed a lawsuit against Estee Lauder in federal court in New York, alleging that the cosmetics company stole its technology and forced it out of business.
- The lawsuit claims Estee Lauder used Nomi's technology, intended for luxury hotels and duty-free shops, after terminating contracts in 2018 and 2020.
- Nomi alleges that Estee Lauder disrupted its operations by cutting off supplies to hotel partners.
- The startup seeks unspecified damages, asserting that Estee Lauder profited from its innovations.
- This lawsuit comes as Estee Lauder announced plans to cut 7,000 jobs due to financial losses.
