Kylie Jenner has sold a majority stake of KylieCosmetics THRNews
The youngest self-made billionaire is cashing in. Kylie Jenner sold a majority stake of her Kylie Cosmetics beauty empire to Coty, the American cosmetic, haircare, skincare and fragrance brand, in a deal that was announced on Monday.
In a press release, the brand called the sale a "long-term strategic partnership" to turn Jenner's business into "a global powerhouse brand." They will work toward global expansion and developing products in more beauty categories . Jenner will continue to lead "all creative efforts," with products and marketing to her 150 million Instagram followers.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Kylie Jenner Sells Majority Stake of Kylie Cosmetics to Coty Inc. for $600 MillionThe news comes after months of rumors about a deal.
Read more »
Kylie Jenner Just Sold Her Majority Stake in Kylie Cosmetics for $600 MillionKylie Jenner sold majority stake in Kylie Cosmetics to Coty for $600 million—read about whether Kylie still owns Kylie Cosmetics here.
Read more »
Kylie Jenner Sells Major Chunk of Kylie Cosmetics for $600 MillionKylie has maintained full ownership of her business since 2015, but Coty now holds a majority stake.
Read more »
Kylie Jenner Sells Kylie Cosmetics for $600 MillionShe no longer owns the brand that made her a billionaire.
Read more »
Kylie Jenner Sold Off a Majority Stake of Kylie Cosmetics to CotyKylie Jenner just got a whole lot richer. The beauty mogul has sold a majority stake of her brand Kylie Cosmetics to conglomerate Coty—home to beauty powerhouses like Covergirl, OPI, Rimmel, GHD and Clairol—for a reported $600 million.
Read more »
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.
Read more »