Kim Kardashian West is making major business moves!The reality star announced on Monday that she is selling a 20 percent stake of her KKW Beauty line to beauty giant Coty Inc.
for $200 million, in order to expand the brand globally. A press release states that Coty will lead the «portfolio’s development» in skincare, haircare, personal care and nail products, while Kim will be responsible for «all creative efforts in terms of product and communication initiatives.»«Partnering with an established organization like Coty will be instrumental in the advancement of my brands as their global reach allows for faster expansion so people around the world are able to experience new launches first hand,» Kim said in a statement. “This relationship.
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