×
28 069
Fashion Jobs
LANE BRYANT
Part Time Sales Manager
Permanent · Gloucester Township
SALLY BEAUTY CORPORATE
District Manager
Permanent · Sacramento
ROSS STORES
Store Protection Specialist
Permanent · Las Vegas
ROSS STORES
Store Protection Specialist
Permanent · Los Angeles
ROSS STORES
Store Protection Specialist
Permanent · Los Angeles
COTY
Assistant Marketing Manager, us Marc Jacobs Fragrance
Permanent · New York
NORDSTROM
Loss Prevention Security Ambassador Bellevue
Permanent · Bellevue
NORDSTROM
Loss Prevention Agent Aventura
Permanent · Aventura
NORDSTROM
Loss Prevention Security Ambassador Nordstrom Northshore
Permanent · Peabody
NORDSTROM INC
sr Maintenance Manager - Riverside, ca
Permanent · Riverside
NORDSTROM
Loss Prevention Security Ambassador Oakbrook
Permanent · Oak Brook
NORDSTROM
Loss Prevention Agent Oakridge Rack
Permanent · San Jose
NORDSTROM
Loss Prevention Agent Southcenter
Permanent · Tukwila
NORDSTROM
Loss Prevention Agent Chicago Maxwell Rack
Permanent · Chicago
NORDSTROM
Loss Prevention Agent Mission Valley Rack
Permanent · San Diego
NORDSTROM
Loss Prevention Security Ambassador Last Chance Phoenix
Permanent · Phoenix
ULTA BEAUTY, INC.
Retail Operations Manager
Permanent · Wesley Chapel
KOHLS
Full-Time Sales Supervisor - Softlines
Permanent · Colorado Springs
KOHLS
Full-Time Loss Prevention Supervisor
Permanent · Anchorage
KOHLS
Full-Time Loss Prevention Supervisor
Permanent · Wappingers Falls
KOHLS
Full-Time Loss Prevention Officer
Permanent · Las Vegas
KOHLS
Full-Time Sales Supervisor - Softlines
Permanent · Butler
By
Reuters API
Published
Jun 29, 2020
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Coty to buy 20% stake in Kim Kardashian West's $1 billion beauty line

By
Reuters API
Published
Jun 29, 2020

Coty Inc will buy a 20% stake in reality TV star Kim Kardashian West's makeup brand KKW for $200 million, the cosmetics maker said on Monday, sending its shares up 17%.


Photo: KKW



The deal values West's cosmetics line at $1 billion, slightly lower than the $1.2 billion valuation Coty put on West's half-sister Kylie Jenner's business when it bought a majority stake in her namesake cosmetics line in January.

West, who is known for chronicling her life with her sisters on TV's "Keeping Up with the Kardashians", launched her makeup line in 2017, two years after Jenner's successful foray into the beauty industry.

Coty, which has billions of dollars in debt and is grappling with slowing sales, last month offloaded majority stake in its hair and nail care business to U.S. buyout firm KKR & Co Inc for $3 billion amid temporary salon closures across the globe.

Earlier this month, the company brought back its former Chief Executive Officer Peter Harf to turn around its business.

Coty projected the KKW deal to close in the third quarter of fiscal 2021.

© Thomson Reuters 2021 All rights reserved.