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Aug 23, 2023

Kylie Jenner Considers Buying Back Coty Stake in Kylie Cosmetics

Kylie Jenner Kylie Jenner has explored taking back ownership of the cosmetics line she sold to Coty Inc. three years ago, according to people familiar with the matter, a sign of how the relationship

Kylie Jenner

Kylie Jenner has explored taking back ownership of the cosmetics line she sold to Coty Inc. three years ago, according to people familiar with the matter, a sign of how the relationship between one of the world’s largest beauty companies and one of entertainment’s most famous families has become strained.

In recent months, Jenner has had informal discussions about trying to buy back the 51% stake in Kylie Cosmetics that Coty boughtBloomberg Terminal for $600 million in 2020, the people said, asking not be identified because the matter is private. There have been disagreements over price and valuation, according to the people.