By  on October 26, 2017

Shiseido has nabbed a former executive from L’Oréal with knowledge of its product developments, and the company is taking it as a competitive threat.

The French beauty conglomerate on Tuesday urged a local New York court to stop Antonios Spiliotopoulos, its former senior vice president of consumer products for the Americas, from taking up a new position with Shiseido, arguing its former executive is subject to a non-compete agreement that doesn’t expire until next month.

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