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Kylie Jenner Sells $600 Million Stake in Beauty Line to Coty

Kylie Jenner Sells $600 Million Stake in Beauty Line to Coty

Posted By: Editoron: November 19, 2019In: BEAUTY, PEOPLENo Comments

Coty Inc. agreed to pay $600 million in cash for a majority stake in Kylie Jenner’s cosmetics line, the latest move by a major beauty company to acquire trendy brands that appeal to a younger clientele. The makeup and fragrance giant will have overall responsibility for the portfolio, while Jenner, part of the Kardashian clan, […] Read more

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