On Monday, Coty Inc. announced that it had acquired a 51% stake in Kylie Jenner's Kylie Cosmetics for $600 million. Per a press release from the company, the deal creates a "long-term strategic partnership in order to jointly build and further develop Kylie's existing beauty business into a global ...
source https://fashionista.com/2019/11/kylie-jenner-sells-kylie-cosmetics-coty-majority-stake
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