Coty, which acquired a stake in Kardashian’s beauty business, SKKN, in 2021, said it would use the proceeds from the sale to reduce debt and invest in innovations across its broader brand portfolio.

In January 2024, the brand dove back into color cosmetics, introducing Skkn by Kim Makeup on Jan. 26. Coty also bought a 51 percent stake in Kylie Jenner’s business, Kylie Cosmetics, for $600 million.

Coty Inc. (NYSE:COTY) has sold its 20% stake in the beauty business, SKKN by Kim Kardashian brand to Kardashian's clothing company SKIMS, ending its partnership with Kim Kardashian.Financial ...

Coty (NYSE:COTY – Get Free Report) had its price target lowered by investment analysts at Wells Fargo & Company from $7.00 to $6.00 in a research report issued to clients and investors on ...

COTY), one of the world’s largest beauty companies, with an iconic portfolio of brands across fragrance, color cosmetics, skin and body care, hosted a cross-industry roundtable to discuss ...

Skims will unite its beauty and lifestyle ventures under one brand in a “pivotal” expansion for the shapewear brand.

Coty Inc. (NYSE:COTY), the parent company of CoverGirl, announced it is selling its 20% stake in Kim Kardashians beauty brand SKKN to her shapewear company, SKIMS. The move consolidates Kardashians ...

(Reuters) - CoverGirl parent Coty said on Friday it would sell its 20% stake in reality TV star Kim Kardashian's beauty brand to her clothing line, SKIMS, consolidating the two businesses under a ...