Beauty Kylie Cosmetics Suffer Stock Decline After Majority Stake Purchase Published 2 years ago on By Amani Sams Kylie ‘Billionaire’ Jenner sold a majority of cosmetics company to Coty Inc. for $600 million. While the new majority owners will be in charge of marketing, Kylie will remain the face of the brand. View this post on Instagram Candy K Set 💗 for the perfect monochromatic look ✨ shop this limited edition kit now! KylieCosmetics.com A post shared by Kylie Cosmetics (@kyliecosmetics) on Dec 2, 2019 at 7:12pm PST With the new changes to the brand, there has been a noticable decline in the company’s stock. The company has unfortuntaly lost half of its value since 2016. However, it is still on track to earn $200 million this year. Check this out>>> Sephora Agrees To Designer Aurora James’ 15 Percent Pledge View this post on Instagram Our NEW limited edition pink pencil sharpener is here 😍 Shop now on KylieCosmetics.com A post shared by Kylie Cosmetics (@kyliecosmetics) on Dec 18, 2019 at 10:12am PST Along with being on Kyliecosmetics.com, the brand is now sold in of 1,100 Ulta Beauty Stores. Related Topics:KardashiansKUWTKKylie CosmeticsKylie JennerKylie Skin Amani Sams Amani is the Editor-In-Chief of Aman Magazine. Aside from managing the day to day operations of the magazine she is also a radio personality for Hits 92.3. Continue Reading You may like The Kardashians Cancel Their Annual Christmas Eve Party Keeping Up With The Kardashians is Ending Kylie Cosmetics Incoming CEO Exited Before Forbes Scandal Kourtney Kardashian Says Brother Rob Gifted Her Their Late Father’s Records For Birthday Kris Jenner Partners With Ronald McDonald Houses Kardashians Film The Last Episode Of KUWTK On Their Cell Phones Due To The Coronavirus Click to comment Subscribe Notify of new follow-up comments new replies to my comments Label {} [+] Name* Email* Website Label {} [+] Name* Email* Website 0 Comments Inline FeedbacksView all comments Trending Entertainment5 hours agoCosta Rican, Luciana Alvarado, applauded for Olympic 1st Entertainment7 hours agoCamila Cabello announces upcoming 3rd album Featured3 days agoEverything we know about Apple’s iPhone 13 release Entertainment3 days agoClubhouse to change its name to Shortcut Entertainment1 week agoChristina Aguilera discusses upcoming Spanish Album News1 week agoFacebook pushes back against Biden remarks on Covid-19 misinformation Entertainment1 week agoDaniLeigh expecting 1st child Featured1 week agoFormer Primark employee reveals meaning of ‘Code 2’ Featured2 weeks agoSpyware reportedly found on phone of journalists and activists Entertainment2 weeks agoAdele and Lebron James’ agent dating?
