Kim Kardashian sells a stake in KKWB to leading cosmetics firm

Image credits: forbes.com

KIM KARSDASHIAN WEST SELLS STAKE IN KKWB TO LEADING COSMETICS FIRM

Kim Kardashian West has followed in sister Kylie’s footsteps by selling a stake in her hugely successful cosmetics venture to makeup firm COTY. Kardashian has sold a 20% stake in the company. The entire company was estimated to be worth $1 billion according to forbes.com. Although Kim’s team will still be in charge of the creative aspect of the business COTY aims to expand the product development side of KKWB beyond just the contour and highlighting sticks it has become known for.

Check out more details and the full story on forbes.com below