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Kylie Jenner Reveals Why She Decided to Sell 51% of Kylie Cosmetics

Kylie Jenner Reveals Why She Decided to Sell 51% of Kylie Cosmetics

Kylie Jenner just revealed why she decided to sell 51% of her company almost two years ago.

If you don’t know, in November of 2019, Kylie announced that she has sold a majority stake (51%) of her company Kylie Cosmetics to Coty.

Click inside to see why Kylie Jenner sold half her company…

Kylie revealed why she decided to sell such a large stake in the newly released Inside Kylie Cosmetics Part Three: Kylie 2.0 Youtube video.

“The reason why I sold half my company was to have this big infrastructure to go global,” the 23-year-old makeup mogul and reality star said in the video.

As a result of the sale, Kylie‘s line will be sold at stores including Douglas Cosmetics, Nocibe France, Harrods Beauty, Selfridges, Mecca Beauty, Ulta Beauty, Nordstrom, Boots UK, Gold Apple and Shoppers Drug Mart.

If you never read about it before, Kylie‘s former assistant revealed why she quit working for Kylie after five years.

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Photos: Getty
Posted to: Kylie Jenner

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