Baller Alert
  • Home
    • News
    • Entertainment
    • The Baller Alert Show
    • Baller Alert Lists
    • Baller Alert Exclusives
    • Let Me Liv
    • Ballerific Music
    • That’s Baller
    • Fashion
    • Metaverse
    • Tech
    • Lifestyle
    • Sports
    • Op-Ed
    • Travel
    • Health
  • EVENTS
  • Videos
  • Shop
  • About
  • Political News
  • en español
No Result
View All Result
  • Home
    • News
    • Entertainment
    • The Baller Alert Show
    • Baller Alert Lists
    • Baller Alert Exclusives
    • Let Me Liv
    • Ballerific Music
    • That’s Baller
    • Fashion
    • Metaverse
    • Tech
    • Lifestyle
    • Sports
    • Op-Ed
    • Travel
    • Health
  • EVENTS
  • Videos
  • Shop
  • About
  • Political News
  • en español
No Result
View All Result
Baller Alert
No Result
View All Result

Coty Inc. Buys 20% Stake In KKW Beauty For $200 Million

by Precious Gibson
January 5, 2021
Reading Time: 1 min read
0
Kim Kardashian on KUTKW
Share on FacebookShare on Twitter

Coty Inc. has purchased a 20% stake in KKW Beauty, founded by Kim Kardashian, for $200 million after buying a 51% stake in Kylie Cosmetics last year.

Coty dropped $200 million on their stake in the three-year-old cosmetic line. According to their statement, Kardashian, along with her team, will oversee the company’s creative visions and lead social media campaigns. At the same time, Coty will assume all overall responsibility for the brand’s new offerings, such as the skincare launch, scheduled to launch in 2022.

Kardashian praised the partnership in a press release.

“I look forward to working with Coty for the next phase of innovation, advancement, and the ability to bring new launches to customers all around the world. This relationship will allow me to lead the development of the creative elements that I specialize in, while benefiting from the incredible resources of an established company like Coty.”

In early 2020, Coty purchased a 51% stake in Kylie Cosmetics for $600 million. Accusations began to arise, claiming that Coty overly inflated the value of Kylie’s brand. This resulted in a lawsuit filed by Coty shareholder Crystal Garrett-Evans.

Congrats to Kim Kardashian on securing yet another bag.

 

Share this:

  • Click to share on X (Opens in new window) X
  • Click to share on Facebook (Opens in new window) Facebook
  • Click to share on Mastodon (Opens in new window) Mastodon
  • Click to share on Reddit (Opens in new window) Reddit
  • Click to share on X (Opens in new window) X
  • Click to share on WhatsApp (Opens in new window) WhatsApp
  • Click to share on Tumblr (Opens in new window) Tumblr
  • Click to email a link to a friend (Opens in new window) Email
  • Click to share on Pinterest (Opens in new window) Pinterest

Like this:

Like Loading...

Discover more from Baller Alert

Subscribe to get the latest posts sent to your email.

Tags: coty incKim KardashianKim Kardashian Westkkw beauty

Related Posts

Trump Says Epstein "Stole" Young Women from Mar-a-Lago Spa, Including Virginia Giuffre [Video]
News

Trump Says Epstein “Stole” Young Women from Mar-a-Lago Spa, Including Virginia Giuffre [Video]

July 29, 2025

Donald Trump is now opening up about his former ties with Jeffrey Epstein and the reason behind their falling out,...

#image_title
Entertainment

JaNa Craig and Kenny Rodriguez’s Breakup Gets Messy Online

July 29, 2025

JaNa Craig and Kenny Rodriguez have officially announced their split—and what began as a seemingly quiet breakup quickly turned into...

Ballerific Fashion: Are Mary Janes Back? A$AP Rocky Might Be the Reason
Fashion

Ballerific Fashion: Are Mary Janes Back? A$AP Rocky Might Be the Reason

July 29, 2025

Are Mary Janes Back? Once reserved for schoolgirls, tea parties, and church pews, Mary Janes have been a fashion staple...

Christian Wilkins Cut by Raiders After Teammate Filed Complaint Over Locker Room Kiss
News

Christian Wilkins Cut by Raiders After Teammate Filed Complaint Over Locker Room Kiss

July 29, 2025

Christian Wilkins, the former Miami Dolphins star and one of the Las Vegas Raiders’ biggest off-season signings, has been released—and...

Next Post
Tonisha Lashay Barker

Tennessee Mother And Son Dead After Jumping From Interstate Overpass

Leave a ReplyCancel reply

Baller News

Subscribe To Our Newsletter

* indicates required

Follow Us

Subscribe to Blog

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

© Copyright 2024, Baller Alert Inc. All Rights Reserved

No Result
View All Result
  • Home
    • News
    • Entertainment
    • The Baller Alert Show
    • Baller Alert Lists
    • Baller Alert Exclusives
    • Let Me Liv
    • Ballerific Music
    • That’s Baller
    • Fashion
    • Metaverse
    • Tech
    • Lifestyle
    • Sports
    • Op-Ed
    • Travel
    • Health
  • EVENTS
  • Videos
  • Shop
  • About
  • Political News
  • en español
%d