Kim Kardashian in talks to buy back beauty firm stake from Coty, Wall Street Journal reports
July 13, 2023
Kim Kardashian is reportedly in discussions with beauty company Coty to repurchase a minority stake in her beauty brand, SKKN BY KIM, according to the Wall Street Journal. The value of the stake has not been determined, and the talks may not result in a deal. Coty acquired a 20% stake in SKKN BY KIM in 2020 and values it at $1 billion.
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