Coty Closes $200M KKWBeauty Deal
WWD reports that Coty Inc. has closed the deal to acquire 20 percent of Kim Kardashian West’s beauty business, KKW Beauty, for $200 million. The deal was originally unveiled in June, but now it's official. Coty plans to bring KKW beauty into new categories, including skin care, which is slated to launch in fiscal 2022. “Kim shares our true passion for beauty products, and this acquisition allows us to leverage our […]