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Kylie Cosmetics and Kylie Skin

Coty acquires stake in Kylie Jenner’s beauty brands

Coty acquires stake in Kylie Jenner’s beauty brands

NEW YORK — Coty Inc. has acquired a 51% stake in Kylie Jenner’s beauty brands, Kylie Cosmetics and Kylie Skin for $600 million. According to the companies, the deal will result in a long-term strategic partnership that aims to  develop Jenner’s existing beauty business into a global powerhouse brand. Jenner and her team will continue