Did Kim Kardashian sells KKW Beauty?
Did Kim Kardashian sells KKW Beauty?
Kim Kardashian West just made a major business deal. In an agreement that was finalized on Tuesday, the 40-year-old reality star sold 20 percent of her KKW Beauty company to Coty for $200 million.
Who is the owner of KKW Beauty?
Kim Kardashian Kim Kardashian is changing things up with her KKW Beauty brand. The reality TV star-turned-entrepreneur revealed on Instagram on Tuesday that she is shutting down her cosmetics brand on Aug.
How successful is KKW Beauty?
In June 2017, the most famous Kardashian launched KKW Beauty, selling contour and highlight kits at a cool $48. ... Last July, Business Insider reported that KKW Beauty earned $100 million in its first year.
Is KKW Beauty better than Kylie Cosmetics?
The main difference between KKW Beauty and Kylie Cosmetics is their target markets, Kylie's brand seems to be targeted more towards young women, or women close to her age. The same can be said with Kim's brand, her brand seems to be targeted more towards more mature women, or women her age.
Who bought 20% of KKW?
Coty Inc. NEW YORK – Coty Inc. (NYSE: COTY), one of the world's largest beauty companies and the global leader in fragrances, today announced the completed acquisition of a 20% ownership interest in Kim Kardashian West's business for $200M.
Did Kim sell Kylie to KKW?
Cosmetics company Coty Inc. has acquired 20% of KKW Beauty, Kim Kardashian West's beauty business, for $200 million. ... This acquisition comes after Coty also bought a 51% stake in Kylie Cosmetics, Kylie Jenner's beauty business, for $600 million in November 2019.
Who is suing Kylie Cosmetics?
Seed Beauty Kylie Cosmetics manufacturer, Seed Beauty, has filed a lawsuit against Coty, and King Kylie, the LLC behind Kylie Cosmetics, due to alleged misappropriation of trade secrets.
Does Sephora sell KKW?
As of right now, it looks like KKW Beauty will only be available on the KKW Beauty website. If Kim's taking page from Kylie's book, she won't make her line available for purchase at beauty stores like Ulta and Sephora, although Kardashian Beauty is available there.
