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(Reuters) – Covergirl Penitentine Coty, 20% on Friday, will sell the beauty brand in reality in reality, SKIMS, strengthening two ventures under a single brand
Coty, SKKN, 2021 in Kardashian’s beauty work, in 2021, said the income from sales to reduce debt and invest in a broader brand portfolio.
The New York-based lipstick manufacturer struggles to raise sales due to increased effective consumers in inflation.
Last month cut the coty annual earnings forecast and joins the larger Peer Estee Lauder by joining the larger Peer Estee Lauder in a quarterly income, the larger Peer Estee Lauder.
Kylie Cosmetics and Korhashian’s Small Cosmetics Directorate of Director General Anna and Kardashian’ın strong Business Kylie Cosmetics brand will continue to work, he said.
In 2023, Kim Kardashian was not in talks with Coty to get a minority share in a beauty firm to expand the beauty categories of SKKKN.
Coty did not give the Pay Price Price and immediately responded to reuters’ request.
(Reporting by Anuja Bharat Ristanli in Bengaluru; Regulatory by Vijay Chisor)
