endorsement

Charlize Theron Could Be Out $20 Million

Filed under: Timepieces / Watches, Celebrity Shopping

Looks like Charlize Theron will be heading to court against watchmaker Raymond Weil. The case, which we first reported on last year, has gone before a New York judge who ruled that the case has enough weight to proceed to a jury trial. Raymond Weil is suing for $20 million in damages saying that Theron violated her endorsement contract, which dictated that she only wear Weil watches, by wearing a Dior watch at a public appearance. She of course has also been the face of Dior's fragrance, J'Adore. Damages will be decided at trial but it seems likely that the opposing sides will settle before then. Charlize Theron has already gone on to a new watch, jewelry and accessories contract with Breil Milano.

UPDATE: Theron has settled the suit for an undisclosed amount.

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Tags: charlize theron, CharlizeTheron, endorsement, lawsuit, raymond weil, watches