As part of the deal, Coty will take a 20% stake in the celebrity's KKW brand and take "overall responsibility" for driving up sales of its skin, hair and nail care products. In January, Coty took a $600m stake in her sister Kylie Jenner's brands.
Join our network of executives who receive the MBS News daily, as well as the insights, analysis and our weekly column in The Weekend Edition.
You’ll be able to unsubscribe at any time.