42+ Why Would Kylie Jenner Sell Her Company Pictures

42+ Why Would Kylie Jenner Sell Her Company
Pictures. Kris jenner speaks out about the future of kylie cosmetics after her kuwtk daughter's $600m majority share sale to coty. Kylie jenner will sell the majority of her cosmetics company for $600 million (£463 million).

Kylie Jenner Sells Over Half Of Her Kylie Cosmetics Company For 600 Million Capital Xtra from imgs.capitalxtra.com

For $600 million, but she's staying on as its creative leader. The deal, which values the young entrepreneur's namesake beauty brand at $1.2 billion, will enable. Kylie cosmetics performs none of the development or manufacturing of products themselves.

Kylie jenner launched her immensely popular lipstick line, building a cosmetics empire, skyrocketing to billionaire status.

Kylie cosmetics is getting a new ceo just months after the makeup mogul agreed to sell a majority stake in her company for $600 million. Kylie jenner is selling a majority stake of her popular cosmetics line to coty inc. Forbes calculates her $900 million net worth by assuming kylie cosmetics is worth $800 million and that consumer goods companies typically sell for much much lower multiples since the margins are lower why on earth would anyone pay an extremely high multiple for the company i just described? But that's not a profitable or empowering way to look at her success.

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And balenciaga, among other notable beauty and fashion brands.

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Last november, jenner sold a $600 million stake in her cosmetic company kylie cosmetics to coty inc, a beauty company that owns covergirl, tiffany & co.

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But that's not a profitable or empowering way to look at her success.

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Like many celebrities, she also sells her own merchandise.

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The youngest member of the kardashian clan has proven adept in business, and her cosmetics company sits like a crown jewel in her family's business empire.

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For $600 million, but she's staying on as its creative leader.

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She's allegedly in talks with coty inc., the brand behind covergirl, sally hansen, and it's hard to believe that kylie jenner would ever sell her eponymous makeup brand, kylie cosmetics, after a few short years, yet it appears that talks.

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Like many celebrities, she also sells her own merchandise.

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The deal, which values the young entrepreneur's namesake beauty brand at $1.2 billion, will enable.