News Formal

Kylie Jenner Sells 51 Percent of Her Makeup Company to Coty

  • 📰 etnow
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

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.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 696. in RU

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

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.
Источник: WSJ - 🏆 98. / 63 Прочитайте больше »

Kylie Jenner Sells Majority Stake in Beauty Business to CotyCoty Inc. is officially buying into KylieJenner’s beauty business.
Источник: wwd - 🏆 24. / 68 Прочитайте больше »

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.
Источник: CNN - 🏆 4. / 95 Прочитайте больше »