Company News, Financial News

Kim Kardashian in Talks to Buy Back Coty Stake in SKKN Beauty Firm

The business mogul eyes full control of SKKN as she talks to Coty about buying back a minority stake, per WSJ.

Author Image

By: Lianna Albrizio

Associate Editor

Kim Kardashian is reportedly in talks to buy back a minority stake in her beauty firm from Coty Inc., according to The Wall Street Journal, which cited people familiar with the matter.   The value of the stake has not been determined and talks could fall apart, the report said. Seemingly, Kardashian wants to buy back the stake as part of an effort to expand SKKN's beauty categories.   Coty bought a 20% stake in the reality TV star's makeup brand SKKN by Kim in June 2020...

Continue reading this story and get 24/7 access to Happi for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Happi Newsletters