Kylie Jenner is selling a $600 million majority stake in her cosmetics brand to beauty product giant Coty Inc.
Coty announced on Monday it was buying a 51 percent stake in Jenner's make-up and skincare businesses as it looks to tap into the reality TV star's huge social media reach.
The cosmetics company will now have overall responsibility for Jenner's brand, while the 22-year-old star and her team will continue to lead creative efforts and communications.
Read Full Story ....
dailymail.co.uk >>>
:
Disclaimer: Opinions expressed here are those of the writers and do not reflect those of Peacefmonline.com. Peacefmonline.com accepts no responsibility legal or otherwise for their accuracy of content. Please report any inappropriate content to us, and we will evaluate it as a matter of priority. |