How much did Kylie Cosmetics sell for?
How much did Kylie Cosmetics sell for? In November 2019, Jenner sold a majority stake in Kylie Cosmetics to Coty Inc. for $600 million, giving the company a $1.2 billion valuation.
In November 2019, Jenner sold a majority stake in Kylie Cosmetics to Coty Inc. for $600 million, giving the company a $1.2 billion valuation.
Who owns Kylie Cosmetics now?
Coty
Kylie Cosmetics / Parent organization
Coty Inc. is a French-American multinational beauty company founded in 1904 by François Coty. With its subsidiaries, it develops, manufactures, markets, and distributes fragrances, cosmetics, skin care, nail care, and both professional and retail hair care products. Coty owns around 77 brands as of 2018.
Wikipedia
Was Kylie Cosmetics sold?
Although Jenner herself is no longer the primary shareholder of Kylie Cosmetics—she sold her 51 percent stake to major beauty brand Coty for a cool $600 million in 2019—she continues to serve as the face of the brand.
Is Kylie still CEO of Kylie Cosmetics?
Anna von Bayern, Princess of Bavaria, is the new CEO of Kylie Cosmetics and KKW Beauty. As CEO, she’ll liaise between the Kardashian-Jenners and their corporate stakeholder, Coty Inc. Von Bayern is also Coty’s chief corporate affairs officer and a former political journalist.
