Coty divests stake in skkn by kim

New york--(business wire)--coty inc. (coty inc. (nyse: coty) (paris: coty) ("coty" or "the company") today announced the conclusion of its partnership with kim kardashian and the skkn by kim (“skkn”) brand, with the closing of the sale of its 20% stake in the brand to skims. following the transaction, skims will be uniting the beauty and lifestyle ventures under one brand. anna von bayern, ceo of kylie cosmetics and leader of kim kardashian's beauty business at coty, says: “since coty's establi.
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