One year ago this month I ordered a Kylie lip kit for the first time. I have since bought two more because they are amazing!
COTY just became majority owners in Kylie Cosmetics. Coty Inc. is an American multinational beauty company founded in 1904 by François Coty, and they wrote Kylie Jenner a $600 million dollar check to take over her empire. Stocks took a major jump up too. Jenner started her makeup line in 2015 with lipstick kits. This news doesn’t mean she won’t be involved in the company, but day to day operations could be shifting with distribution expanding.
Here is my unboxing video from 2018
Kylie Cosmetics has made $177 million in revenue selling over $360 million in products over the last year.
Susan Saunders 11/18/19
