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Here’s why Kylie Jenner is selling the majority stake hold of Kylie Cosmetics and Kylie Skin for a whopping R8.9bn

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Here’s why Kylie Jenner just sold the majority stake hold of Kylie Cosmetics and Kylie Skin for a whopping R8.9bn

on Tuesday, Coty announced that they had acquired 51% ownership of Kylie Jenner’s beauty business for $600 million .

"Coty Inc. and Kylie Jenner announced today that they have entered into a long-term strategic partnership in order to jointly build and further develop Kylie’s existing beauty business into a global powerhouse brand.

 

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