Coty acquires stake in Kylie Jenner’s beauty brands
NEW YORK — Coty Inc. has acquired a 51% stake in Kylie Jenner’s beauty brands, Kylie Cosmetics and Kylie Skin for $600 million. According to the companies, the deal will result in a long-term strategic partnership that aims to develop Jenner’s existing beauty business into a global powerhouse brand. Jenner and her team will continue
