
The American beauty conglomerate announced on Friday that its president of luxury brands, Simona Cattaneo, will be stepping away from her role this summer after five years at the company.
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The American beauty conglomerate announced on Friday that its president of luxury brands, Simona Cattaneo, will be stepping away from her role this summer after five years at the company.
The American model, media personality and businesswomen famous for her hit Lip Kits, has reportedly made trademark filings for “Kylie Swim” and “Kylie Swim By Kylie Jenner,” hinting at plans to launch a swimwear brand.
The cosmetics and shapewear businesswoman was included on Tuesday for the first time on Forbes magazine’s list of the world’s billionaires.
Kim Kardashian recently filed trademark applications to potentially launch a brand called SKKN by Kim encompassing “skin care, hair care, nail products, perfumes, candles, and more.”
According to a report from E! News, the matriarch of the Kardashian-Jenner clan registered trademarks for "Kris Jenner Beauty," "Kris Jenner Skin" and "Kris Jenner Skincare."
The deal for a 20% stake in the beauty business will see Coty and Kim Kardashian West focus on entering new beauty categories and global expansion beyond existing product lines, including skincare.
The cosmetics conglomerate is facing a class action lawsuit from shareholders claiming that the company provided misleading information about its acquisitions of the P&G specialty beauty business and Kylie Cosmetics.
Kanye West is looking to expand his Yeezy empire, and may be stepping into the beauty space for the very first time.
The Spanish group is negotiating a deal to acquire British make-up brand Charlotte Tilbury in a move valuing the business at $1 billion (£794m).
Coty has announced that Kylie Cosmetics chief executive officer Christoph Honnefelder has left the brand, after only being appointed to the leadership role in January of this year.