Coty to Buy $200M USD Stake in Kim Kardashian West’s KKW Beauty – Luxury

Davida Erdahl


40 minutes in the past
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In accordance to Reuters , multinational splendor organization Coty has agreed to invest in a twenty p.c stake in Kim Kardashian West ‘s model, KKW Natural beauty. The twenty p.c stake is likely to charge Coty $two hundred million USD. Moreover, the conglomerate has valued Kim Kardashian West’s model at $1 billion USD, which is $two hundred million USD significantly less than the $1.two billion USD valuation it put on Kylie Jenner ‘s make up model. Previous yr, Coty obtained a 51 p.c stake in Kylie Cosmetics at the price of $600 million USD. Moreover, Coty has previously disclosed that it was in talks with Kardashian West concerning a…
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58 minutes in the past
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Kim Kardashian’s model was just launched into a different stratosphere of riches – hitting the billion-greenback mark… courtesy of a new offer

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