The Business of Fashion

Agenda-setting intelligence, analysis and advice for the global fashion community.

Coty Completes 20% Stake in Kim Kardashian West’s Beauty Business

Rachel Deeley

05 January 2021

The $200 million deal, first announced in June last year, includes plans to expand the KKW brand into new beauty categories and global markets. A skin care line developed by Kardashian West and Coty is slated to roll out in the 2022 fiscal year.

Coty is no stranger to working with the Kardashian-Jenner clan: in 2019, the cosmetics group acquired a 51 percent stake in Kylie Jenner’s cosmetics and skin care business for $600 million.

In This Article

Topics

Beauty

People

Kim Kardashian West

Organisations

Buyout Giant CVC Seeks €1.25 Billion in Long-Awaited IPO

The firm has been working on a listing since at least 2022, with previous attempts buffeted by volatile markets.

How to Launch a Black Beauty Brand

In a three-part series, The Business of Beauty explores how Black founders Monique Rodriguez, Danessa Myricks and more built, launched and scaled their multi-million-dollar businesses. In part one, a look at how these entrepreneurs found their niche and harnessed early lessons that were critical to their growth

How Should We Feel About Tweens at Sephora?

There’s something both innocent and concerning about 13-year-olds’ obsession with skincare. Kids will always want to find new ways to express themselves, but the beauty industry has a responsibility to protect its youngest customers.

Why Puig’s IPO Timing Couldn’t Be Better

The family-owned Spanish conglomerate has confirmed it will pursue a public offering in the coming months. After a fairly fast transformation, the company now has a bold diversification strategy and a strong mix of brands in place, making it more ready than it has ever been for the European markets.