Kylie Jenner is having one serious winning streak with her brand Kylie Cosmetics, and her next move might be her most lucrative step yet. The billion-dollar makeup brand is in talks of being sold to a very high bidder, according to WWD. At least part of the company is anyway. Jenner had previously been in talks with different brands about selling part of her Kylie Cosmetics company, but opted to remain the sole owner at the time.
Now it appears that Coty Inc. — the global beauty brand that owns Covergirl, OPI, Wella Beauty, Rimmel London, Sally Hansen, and more — is out to buy over half of Kylie Cosmetics for a price that's high enough to change Jenner's mind about remaining an independent owner.
Whew! This talk is a little too rich for my bank account, but let's get into these deets.