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THE WHAT? Rumours are swirling that Kylie Jenner is considering repurchasing Coty’s $600 million stake in her signature make-up model.
THE DETAILS Phrase has it that Kylie has not too long ago engaged in preliminary discussions about regaining the 51% share of Kylie Cosmetics, a chunk of the pie that Coty snapped up in 2020.
THE WHY? Kylie Cosmetics, regardless of witnessing strong progress up to now quarter, has grow to be some extent of concern for its celeb proprietor. Kylie’s rising unease with how Coty has been steering the ship may push them to mull over a possible sell-off if her considerations intensify.
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