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Kylie Jenner Sells Majority Stake in Kylie Cosmetics to Coty

Plus, Estée Lauder acquires its first Asia-based beauty brand, Have & Be Co. Ltd.

Side by side image of Kylie Cosmetics and Estée Lauder products
Kylie Jenner launched Kylie Cosmetics in 2015. Kylie Cosmetics, Estée Lauder

By Kathryn Lundstrom

November 18, 2019

Kylie Jenner has sold a 51% stake in her beauty brand, Kylie Cosmetics, to global beauty conglomerate Coty, which valued the company at nearly $1.2 billion.

Kathryn Lundstrom
@klundster kathryn.lundstrom@adweek.com Kathryn Lundstrom is Adweek's breaking news reporter based in Austin.
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