Martha Stewart discusses Kmart partnership and ImClone stock sales issues
1 report, 1 independent
Updated Tue 00:00
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What happened
Martha Stewart discussed her previous partnership with Kmart, where she earned $65 million a year in royalties and merchandise sales reached nearly $2 billion. She also referenced legal issues she faced stemming from stock sales while involved with ImClone Systems.
From cbs4local.com
Why it matters
The discussion highlights the significant past revenue generated by brand licensing deals, where Martha Stewart earned $65 million a year in royalties from Kmart. The legal issues involving ImClone Systems relate to past stock transactions.
From cbs4local.com
Who's involved
- KmartFormer partner in a lifestyle expertise and product design deal with Martha Stewart.
- Martha StewartLifestyle guru who earned royalties from Kmart and faced legal issues regarding ImClone Systems stock sales.
- ImClone SystemsCompany related to the legal issues Martha Stewart faced concerning stock sales.
Keep exploring
The entities involved
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Kmart
American big box department store chain
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Martha Stewart
American businesswoman, writer, TV personality (born 1941)
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ImClone Systems
company