Coty to Buy $200M USD Stake in Kim Kardashian West's KKW Beauty

Acquiring 20 percent of the beauty line.

By
Fashion 
3,886 Hypes 2 Comments

According to Reuters, multinational beauty company Coty has agreed to purchase a 20 percent stake in Kim Kardashian West‘s brand, KKW Beauty.

The 20 percent stake is going to cost Coty $200 million USD. Furthermore, the conglomerate has valued Kim Kardashian West’s brand at $1 billion USD, which is $200 million USD less than the $1.2 billion USD valuation it put on Kylie Jenner‘s make up brand. Last year, Coty purchased a 51 percent stake in Kylie Cosmetics at the price of $600 million USD.

Furthermore, Coty has previously disclosed that it was in talks with Kardashian West regarding a potential collaboration. KKW Beauty was launched in 2017 and has branched into various areas of makeup and beauty, including an inclusive body line, as well as products for the face and fragrances.

In other news, Kanye West has redesigned Chicago’s Gap store.

Read Full Article

What to Read Next

fragment design and retaW Combine on "Fragrance Experience" Capsule
Fashion

fragment design and retaW Combine on "Fragrance Experience" Capsule

Introducing two T-shirts, a hoodie, and an accompanying fragrance tag.

Channel Haute Couture or Anarchy With Vetements' Statement-Making Belt Bags
Fashion

Channel Haute Couture or Anarchy With Vetements' Statement-Making Belt Bags

Priced at $429 USD apiece.

'The Office' and 'Community' Cut Black Face Scenes From Streaming Platforms
Entertainment 

'The Office' and 'Community' Cut Black Face Scenes From Streaming Platforms

“Blackface is unacceptable and making the point so graphically is hurtful and wrong.”


Everything Dropping at Palace This Week
Fashion

Everything Dropping at Palace This Week

Coming through with an array of graphic T-shirts.

Y/Project Is Moving Towards Sustainability
Fashion

Y/Project Is Moving Towards Sustainability

With the launch of an “Evergreen Collection” alongside its Spring/Summer 2021 offering.

Powerful Performances by Public Enemy, Nas, DaBaby, Roddy Ricch, Lil Wayne for 2020 BET Awards
Music

Powerful Performances by Public Enemy, Nas, DaBaby, Roddy Ricch, Lil Wayne for 2020 BET Awards

Supporting the Black Lives Matter movement and honoring fallen heroes like Kobe Bryant and Little Richard.

More ▾
 
Subscribe to our Newsletter

Gain access to exclusive interviews with industry creatives, think pieces, trend forecasts, guides and more.

By subscribing, you agree to our Terms of Use and Privacy Policy.

Help us serve you better

We appreciate your support in allowing HYPEBEAST ads, where we can share contents from the latest fashion, to those culturally relevant. In adding HYPEBEAST to your ad blocker's whitelist, ads on our sites will show while you continue to browse.

Help Support Us

We need ads to keep the lights on and to continue providing free news to our readers. We’d appreciate your support by whitelisting HYPEBEAST on your ad blocker. That way you can keep reading all the great stories for free.

If you have already whitelisted us, simply refresh this page. To find out how to whitelist us, click the button below.

Back

Add Us to Whitelist

We appreciate your support in allowing HYPEBEAST ads. Most ad blockers have similar whitelisting steps and settings. If you need assistance, please contact us.

Adblock Plus

  1. Click on the red ABP icon in the upper right corner of your browser.
  2. Click “Enabled on this site” to disable ad blocking for the current site. In Firefox click “disable on HYPEBEAST”.
  3. Refresh the HYPEBEAST page that you were viewing.

Adblock

  1. Click the AdBlock hand icon.
  2. Click “Don’t run on pages on this domain”.
  3. A new “Don’t run AdBlock on…” dialog may be displayed in the middle of the screen.
  4. Move the “Site” slider to the right. After that, click “Exclude”.
  5. Refresh the HYPEBEAST page that you were viewing.

uBlock

  1. Click the uBlock icon.
  2. Click the large blue “power” button in the menu that appears to whitelist the current website.
  3. Reload the HYPEBEAST page that you were viewing.

Firefox Browser

Firefox Tracking Protection may activate our whitelist notice, which can be disabled temporarily for a browsing session by clicking the shield icon in the URL bar and following the instructions.

Disconnect

  1. Click the Disconnect icon.
  2. Click “Whitelist site”.
  3. Refresh the HYPEBEAST page that you were viewing.