Coty, which acquired a stake in Kardashian’s beauty business, SKKN, in 2021, said it would use the proceeds from the sale to reduce debt and invest in innovations across its broader brand portfolio.

Coty, which owns cosmetics brands such as CoverGirl, had acquired a 20% stake in SKKN by Kim for $200 million in 2021. Financial terms of the sale weren’t disclosed. Coty will continue to work ...

Coty Inc. (NYSE:COTY), the parent company of CoverGirl, announced it is selling its 20% stake in Kim Kardashians beauty brand ...

CoverGirl parent Coty (COTY.N), opens new tab said on Friday it would sell its 20% stake in reality TV star Kim Kardashian's beauty brand to her clothing line, SKIMS, consolidating the two ...

Skims will unite its beauty and lifestyle ventures under one brand in a “pivotal” expansion for the shapewear brand.

Coty Inc. (NYSE:COTY) has sold its 20% stake in the beauty business, SKKN by Kim Kardashian brand to Kardashian's clothing company SKIMS, ending its partnership with Kim Kardashian.Financial ...