Kylie Jenner sells majority stake in cosmetics business for $600 million

Kylie Jenner sells majority stake in cosmetics business for $600 million

Kylie Jenner, the youngest sister of Kim Kardashian West, is selling a stake of her beauty business to CoverGirl owner Coty, in a deal that values the company at about $1.2 billion. Coty said Monday that it will pay $600 million for a 51% stake in Kylie Cosmetics. It plans to launch more products under the Kylie brand and sell them in more countries around the world.

KCooper
KCooper
The Gas Mask Man
The Gas Mask Man 4 months

600M... wtf can I have that kind of money

Binx1
Binx1 4 months

Gr8t.

Top in Business
Get the App