Coty Inc. Buys a 51% Stake in Kylie Cosmetics

It’s a $600 million deal.

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[liftnd]

Such a shame more value and fame is put into people who promote vanity than the people that actually advance foundation of human knowledge ie. scientists, doctors, any kind of researchers

[unifiedvision]

Anyone still worrying about looking beautiful as the world burns need to wake the f*** up. Give up luxury and work toward changing the world.

[brennanlee]

51% means she has no say in anything they want to do with it she shoulda kept that 1%

[stran]

Coty is going to ruin this brand, just like they're currently doing to OPI..

[Stephen]

Kylie is a modern day Icon .pfft. lol She's a nobody without her famous family.

[ElDonWillie]

Modern day icon for having money to get surgeries or makeup?

[dimatadore]

Not gona lie, as a youngster myself, the brand lost a bit of appeal. I'm sure they'll still do well but for me I like that it was indie. They shouldn't have sold it for 51% because they will no longer have a majority owner say. Giving majority ownership to a brand that is struggling tells me that they will not make good decisions with my brand. I guess we'll see. I for one know that they'll test on animals to sell in China (I don't know much, but I know that much), and that already takes them off my purchase check-list.

[pri.sci.lla.]

I have no clue how it's valued so high when it hasn't even sold half that much in product... also now she doesn't have as much of a say in what happens in her company.

[lalo-ktte]

Note to self, sell things to women, you'll make a profit

[pitikanna]

Yeah, right.
But today in Romania they fired 60 girls, brand ambasadors, without mercy. They didnt care about them!

[rafaelnunezjr]

Bro they should Buy 97% of my stake I don't sell cosmetics but I can sell em memes

[osvaldoreyes]

She had enough and settled for 600million or she doesn't know why they got 51% instead of 50% or 49%

[culture]

Perhaps this is the reason why she and Travor Scott split. So she wouldn't have to give him part of the business. Am guessing, don't know if there is a legal basis for this.

[advancerfilms]

Why not just keep it the same and sell it globally with the people she's been working with

[MsNekaa]

I'm shocked that she gave away 51% of her company I think that she should have wanted to keep that majority control of her company because bring someone else in to the face link on this own 49% but either it was yeah they're going to her brand and she's in that not have anything to do it do about it does look

[denisestampley]

Probably shouldn't have been so transparent about it.

[kevinjohnson]

Now they are the biggest share holders, giving them access to do basically what they want

[tinak]

I would never buy it. She is the most annoying person on tv just my opinion.

[scuffedtrihard]

Make-up is easiest thing to sell to women,