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Coty invests $600 mln in Kylie Jenner brands

Monday, November 18, 2019 - 01:23

Coty Inc said on Monday it would pay $600 million for a majority stake in Kylie Jenner's make-up and skincare businesses, as it looks to tap into the reality TV star's huge social media reach, sending its shares up as much as 5%.

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Coty Inc said on Monday it would pay $600 million for a majority stake in Kylie Jenner's make-up and skincare businesses, as it looks to tap into the reality TV star's huge social media reach, sending its shares up as much as 5%.

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Coty invests $600 mln in Kylie Jenner brands

Monday, November 18, 2019 - 01:23