- Headquarters: Oxnard, CA
- Founder: Kylie Jenner (the youngest member of the Kardashian-Jenner clan)
- Founded: 2014
- Parent organization: Coty
- kyliecosmetics.com
Kylie Jenner, the youngest member of the famous family, sold 51% of Kylie Cosmetics, the company she started in 2015 with the launch of Kylie Lip Kits, to beauty giant Coty in a controversial deal valued at $1.2 billion in 2020.
Jenner still owns about 44% of Kylie Cosmetics.
Jenner is reportedly in talks to buy back the 51% stake. According to Bloomberg, the relationship between Coty and Jenner is tense.
Jenner’s half-sister Kim Kardashian is also in talks to buy back the 20% stake in her skincare line, SKKN by Kim, that Coty agreed to buy for $200 million the same year. Both women have expressed frustration with how Coty has managed their brands, two people familiar with their thinking said, though it’s not clear exactly which aspects of the company’s oversight they oppose.
