Capital · acquirer
Coty Inc.
Beauty conglomerate, Kylie Cosmetics majority owner · New York
- Founded
- 1904
- Entered
- 2005
- Placed at
- 2005: founded 1904, before the timeline start; shown from 2005
- Status 2026
- Active
- Metro
- New York
- Embeddedness
- 2 connections
- Confidence
- verified · strongest source trade or financial press
Method
Coty buys 51 percent of Kylie Cosmetics in November 2019 for 600 million dollars, valuing the brand at about 1.2 billion dollars. Six months later Forbes reports that the brand's revenue had been overstated, and Coty later takes an impairment on the investment. Kylie Cosmetics relaunches in 2021 with reformulated products and remains on Ulta shelves. Reports in August 2023 say Jenner explored buying the stake back. Coty runs a portfolio review and sale process for parts of its consumer beauty business in 2025 and 2026; whether the Kylie stake changes hands in that process is unconfirmed as of September 2026.
People: Sue Nabi, Kylie Jenner
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The path: money and goods moving
- acquiredKylie CosmeticsCoty buys 51 percent of Kylie Cosmetics for 600 million dollars in November 2019.2019
- invested inKylie CosmeticsCoty buys 51 percent of Kylie Cosmetics in November 2019 for 600 million dollars at a 1.2 billion dollar valuation.2019 to present