Kylie Jenner just sold a portion of her makeup and skincare company for $600 million. 😲
is making a major business move.
As part of the deal, Coty acquired 51 percent of Jenner's brands, Kylie Cosmetics and Kylie Skin, for $600 million. Though she no longer has majority ownership, according to the press release, Kylie and her team"will continue to lead all creative efforts in terms of product and communication initiatives."
"This partnership will allow me and my team to stay focused on the creation and development of each product while building the brand into an international beauty powerhouse," she added.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Kylie Jenner Just Revealed Her Full Kylie Cosmetics Holiday 2019 CollectionWe want it all, naturally.
Lire la suite »
Kylie Jenner Just Revealed Her Full Kylie Cosmetics Holiday 2019 CollectionAdding all of these to my wish list this year!
Lire la suite »
Kylie Jenner Sells $600 Million Stake in Beauty BusinessCoty is paying $600 million for a controlling stake in Kylie Jenner’s cosmetics startup, wagering that the celebrity’s brand can revive a struggling beauty business based on CoverGirl and MaxFactor.
Lire la suite »
Kylie Jenner Sells Majority Ownership of Cosmetics Co. for $600 MillionKylie Jenner is no control freak when it comes to her cosmetics empire -- not anymore, anyway.
Lire la suite »
Kylie Jenner Sells Majority Stake in Beauty Business to CotyCoty Inc. is officially buying into KylieJenner’s beauty business.
Lire la suite »
Kylie Jenner sells a $600 million stake in her cosmetics companyKylie Jenner is selling a majority stake of her popular cosmetics line for $600 million, but she's staying on as its creative leader.
Lire la suite »