Buzz Feed - 5 hours 48 min ago
What's another $600 million to a billionaire? View Entire Post ›...
CBS News - 7 hours 2 min ago
Beauty company Coty is buying a 51% stake in Kylie Jenner's cosmetics business for $600 million. The deal, which values the young entrepreneur's namesake beauty brand at $1.2 billion, will enable "global expansion and entry into new beauty categories," the companies said in announcing the deal Monday.
The Guardian - 7 hours 14 min ago
Coty, which also owns Max Factor and Sally Hansen, has bought a 51% stake in Kylie Cosmetics Kylie Jenner is selling a stake of her beauty business to CoverGirl owner Coty, in a deal that values the reality TV star's company at about $1.2bn. Coty said on Monday that it will pay $600m for a 51% stake in Kylie Cosmetics. Continue reading...
DListed - 7 hours 18 min ago
Coty bought 51% of Kylie Cosmetics from Kylie Jenner for $600 million in cash, meaning that her company is valued at $1.2 billion and she now owns 49% of it. Pimp Mama Kris may be more evil than an ingrown nutsack hair, but she’s smart for getting her biggest moneymaker to sell before the Botoxed […]...
Forbes - 7 hours 33 min ago
CoverGirl parent Coty wants to be tight with Gen Z shoppers. Its answer to that: a $600 million deal for a 51% stake in a long-term strategic partnership with reality star Kyle Jenner's four-year-old beauty business.
Celebrity Insider - 7 hours 40 min ago
Like father, like daughter! Kylie Jenner and Travis Scott's baby girl, Stormi Webster rocked her rapper dad's hairstyle and it's safe to say that she looked absolutely adorable! The proud dad took to social media to share the cute snaps […]...
Billboard - 9 hours 21 min ago
Kylie Jenner is selling a stake of her beauty business to CoverGirl owner Coty, in a deal that values the reality TV star's company at about $1...
People - 10 hours 17 min ago
PEOPLE Now airs live, Monday through Friday, from the Meredith offices in New York City. Catch PEOPLE Now every weekday at 12:00 p.m. ET/9 a.m. PT on People.com or on the PeopleTV app on your favorite streaming device. Want even more? Check out clips from previous episodes of PEOPLE Now .
Allure - 10 hours 33 min ago
Kylie Jenner sold a majority stake of Kylie Cosmetics to Coty Inc. for $600 million. Coty will have 51 percent ownership of the brand, and Jenner herself will stay on as the creative leader of her company. The acquisition will close in the third fiscal quarter of 2020.
Forbes - 11 hours 42 min ago
Every time Kylie Jenner makes a splash in financial markets there's a predictable outpouring of cynicism and judgment by people who think her wealth was inherited or fortune undeserved.
Quartz - 12 hours 6 min ago
In the past, consumers turned to the brands themselves for information and guidance on what to buy. Social media and e-commerce have upended that paradigm.
Contact Music - 12 hours 12 min ago
Kylie Jenner has sold a majority stake in her cosmetics company for $600 million. The 'Keeping Up With the Kardashians' star has given 51 per cent of her make-up and skincare businesses to beauty giant Coty - which owns around...
InStyle - 12 hours 30 min ago
Coty Inc. has announced that it acquired a majority stake in Kylie Jenner's beauty brand, Kylie Cosmetics. Find out what this means for the star's brand here.
Ad Age - 12 hours 40 min ago
Kylie Jenner is selling the majority stake of her beauty line to Coty for $600 million, which values the brand at $1.2 billion.
UPI - 13 hours 4 min ago
American beauty company Coty has acquired 51 percent ownership of Kylie Jenner's beauty business, Kylie Cosmetics.
Daily News - 13 hours 12 min ago
She's cashing out the cosmetics. Kylie Jenner is selling a 51% share of her cosmetics and skincare companies to COTY for $600 million, in a deal announced Monday. COTY, who owns brands including Covergirl, Rimmel London, Gucci and Tiffany & Co., will acquire a majority share in the company to expand...
Complex - 13 hours 30 min ago
Jenner will sell the majority stake of her Kylie Cosmetics company to Coty Inc.
Forbes - 13 hours 52 min ago
The beauty and fragrance company plans to grow the business internationally with help from Jenner's large social media following...
Fox News - 14 hours 13 min ago
Jenner is staying on as the face of the brand.
Financial Times - 14 hours 20 min ago
Deal puts $1.2bn valuation on make-up business founded by youngest Kardashian sister...
Time - 14 hours 21 min ago
A new deal values Kylie Cosmetics at about $1.2 billion...
Refinery29 - 14 hours 24 min ago
Kylie Jenner just got a whole lot richer. The beauty mogul just sold a 51% stake in her company, Kylie Cosmetics, to beauty conglomerate Coty for $600 million, which gives the company a new valuation of $1.2 billion. Casual. Kylie Jenner has only been of legal drinking age for a full year, and yet she is officially the world's youngest self-made billionaire, according to Forbes . Say what you will about this "self-made" designation (if the platform she started with wasn't an advantage...
Celebrity Insider - 14 hours 26 min ago
Kylie Jenner is making some business moves these days. The Shade Room revealed that she just sold the majority of her ownership of her cosmetic company to Coty Inc. It was revealed that she sold it for $600 million. TSR […]...
Refinery29 - 14 hours 48 min ago
SANTA MONICA, CALIFORNIA AUGUST 27: Kylie Jenner attends the premiere of Netflix's "Travis Scott: Look Mom I Can Fly" at Barker Hangar on August 27, 2019 in Santa Monica, California. (Photo by Rich Fury/Getty Images) Since becoming the youngest self-made billionaire with a cosmetics company last valued at $900 million, everyone wants a slice of Kylie Jenner's beauty pie. Now, thanks to a major deal with beauty conglomerate Coty Inc, it's about to be bigger than ever. Today, Coty...