Is Kylie selling Kylie cosmetics?
Furthermore, who did Kylie sell Kylie cosmetics to?
Secondly, when did Kylie sell Kylie cosmetics? In November of 2019 Kylie Jenner signs a comprehensive deal to sell the majority of her company to Coty Inc. Months after being announced the youngest self-made billionaire, Jenner sold the majority stake of Kylie Cosmetics for 600 million dollars.
In this regard, how much did Kylie sell Kylie cosmetics for?
On Monday, Kylie Jenner sold 51 percent of her cosmetics and skin care brand to Coty for $600 million, a price tag that values the enterprise at $1.2 billion.
Does Kylie still own Kylie cosmetics?
Kylie Jenner no longer owns Kylie Cosmetics, the wildly successful direct-to-consumer makeup brand she launched in 2016. As was reported yesterday, the 22-year-old just sold a 51% stake of the company for $600 million to Coty, the conglomerate that owns such drugstore makeup brands as CoverGirl, Rimmel, and OPI.