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“For the past two years, I have developed the product line in Partnership with John Barrett,” wrote Chris Hayes recently in a letter to friends. “John agreed that I was a partner in the business and that I would receive my equity once the product hit stores. John presented himself as a man of his word ??? and unfortunately I believed him.”

That, as we already know, was Mistake Numero Uno for Hayes, who worked with Barrett, pictured, to launch the hair care line Elementage (now featured on Barrett’s website), only to find himself shut out from the project once he secured distribution and Barrett’s product hit shelves.

The entirely of Hayes’ letter is posted after the jump, and includes nuggets like, “Many of you warned me about working with John Barrett and pointed out that he has been involved in numerous well publicized lawsuits. I ignored your advice and decided to pursue the business partnership ??? which was a mistake.” Trusting business partners? Lame!

CONTINUED »

Jan 24, 2008 · Link · 2 Responses

Noted New York hair and skin care developer Chris Hayes finds himself in Page Six this morning, defending a deal he struck with hairstylist John Barrett. After two years developing the hair care line Elementage, Hayes says Barrett cut him out of the deal that was supposed to make them partners, with Hayes receiving his return on investment when the product hit stores.

Why there’s no written contract to fondle, we’re not sure. But what’s clear is both sides have launched a preemptive attack against each other: Hayes in Page Six, Barrett in private gossip circles.

Bringing the matter full circle, Hayes is repped by former Life & Style editor Mark Pasetsky, of Mark Allen & Co., on his new skin care line Barc, aimed at African-Americans.

Jan 24, 2008 · Link · 1 Response