Kanye West Is “So Proud” of Kim Kardashian for “Officially Becoming a Billionaire”
Coty Inc. provided details about the strategic partnership in a press release, stating that the company and Kim will “focus on entering new beauty categories and global expansion” beyond KKW’s existing product lines. This means growth in skincare, haircare, personal care and nail products!
For Kim’s role, she and her team “will lead all creative efforts in terms of product and communication initiatives, building on her remarkable global reach capabilities through social media,” the release read.
Coty Inc. Recently signed a separate deal with Kim’s sister, Kylie Jenner: A 51 percent stake in Kylie Cosmetics, a 22-year-old makeup company, for $ 600 million.
However, unlike Kylie, Kim will remain the majority owner of her company.