Is Coty courting Kylie Cosmetics for a possible buy-out bid?

Is Coty courting Kylie Cosmetics for a possible buy-out bid?

Coty is reportedly looking at a possible investment bid for Kylie Cosmetics, according to a report by WWD.com.

A source has stated that the brainchild beauty brand of Kylie Jenner is in talks with Coty Inc to sell a 51 percent stake of the company. The successful range has had various offers in the past, with Jenner’s Manager and Mom Kris Jenner previously stating that due to the brand’s ‘incredible’ success there will always be ‘some’ interest.

Kylie Jenner has most recently complemented the make-up range with the launch of Kylie Skin, and has continued to do make-up collaborations with her reality star sisters via her Kylie Cosmetics brand.

Kylie Cosmetics and Coty declined to comment on the reports.

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