Kylie Jenner Sold Her Company Kylie Cosmetics

2024 Author: Steven Freeman | [email protected]. Last modified: 2023-12-17 08:15

Ever since she released her first lipsticks, Kylie Jenner knew her future would be in makeup and she was totally correct. And it is that everything the young businesswoman touches simply turns into gold. That thanks to her more than 100 million followers on Instagram, who just launched a new product Jenner, rush to buy it, making the businesswoman become a billionaire in a matter of just over two years. An admirable feat considering that Jenner started as a very small company and without the help of any big company. In fact, Kylie Cosmetics is one of the most successful beauty companies. That is why the news that the businesswoman had sold her surprised many.

It turns out that Jenner just sold her multi-billion dollar company to the Coty company, also owners of CoverGirls, IPO, Rimmel and Sally Hansen, by nickel. I will continue the creativity and ingenuity behind each collection as expected by customers and I will also continue to share with my fans on social media. This partnership is going to allow me and my team to stay focused on creating and developing each product while building a powerful international brand.”

Although Coty now owns 51 percent of Kylie Cosmetics - soon to be Kylie Beauty - Jenner will continue to be central to the brand and will continue to be the image as well as using her creativity to continue to market successful beauty products.

Who could have said it!