Oscar winning actress Charlize Theron has had to make a settlement of $20 million for a breach of contract lawsuit filed against her by the Swiss watchmaker Raymond Weil. The Monster star had signed a deal with the luxury watch brand in 2005 according to which she had to exclusively endorse their timepieces in public. However, in 2006, she was photographed wearing a Christian Dior watch at the Texas Film Festival. The American press added fuel to her momentary faux pas which lasted all of one hour by running pictures in the paper the next day with the caption 'Charlize Theron wears Dior'. Stating that her decision to wear the watch was 'regrettable', Theron has already moved on to ink a new watch, jewellery and accessories contract with Breil Milano. The new ad campaign of the Italian firm has already begun, featuring Theron who looks very seductive in an elegant black cocktail dress.
Terms of the settlement were no disclosed.
Pic courtesy indoloony/ Joy Banerjee from flickr.com
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