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Kylie Jenner Sells Half of Kylie Cosmetics

Kylie Jenner signed over a majority of her company to Cody, Inc.

by Nikki "Nikilicious" Montgomery

Kylie Jenner signed over 51% of her companies Kylie Cosmetics and Kylie Skin to Coty, Inc for $600 million.

Coty, Inc. is an American cosmetic, haircare, skin care and fragrance brand. Cody, Inc. owns 77 brands from luxury brands like Gucci, Balenciaga and Guess to drugstore brands like Sally Hanson, Clairol and Rimmel. They even took a leap into the direct marketing world acquiring 60% of the social media driven peer-to-peer cosmetics company Younique in 2017 only to end their contract in 3rd quarter 2019 after less than expected returns.

Kylie Cosmetics made Kylie Jenner the youngest-ever self made billionaire according to Forbes. Jenner started Kylie Cosmetics in 2015 with minuscule overhead and as the sole owner all profits went stratight into her pocket. Her considerable reach as the youngest member of the Kardashian/Jenner clan has made it easy for her to market her products through social media. With consistant launch day sell outs under her belt for both her cosmetics and skin care lines her company looks really good to a company like Cody, Inc. Jenner will still be the face of the company and will be involved in all the creative.

"This partnership will allow me and my team to stay focused on the creation and development of each product while building the brand into an international beauty powerhouse," Jenner said.

Thumnail: Kylie Cosmetics Instagram 11/16/19  https://www.instagram.com/kyliecosmetics/?hl=en

Nikki "Nikilicious" Montgomery

I'm a Central Wisconsin girl born and raised. I grew up in Port Edwards and participated in cheerleading, basketball, volleyball and softball as well as many clubs like National Honor Society, SADD, yearbook and forensics. I was a very busy high school student and still managed to get good enough grades to go to college at UW-Stevens Point where I was just as busy between working 3 jobs including executive staff positions at the campus alternative rock radio station and volunteering at the campus television station.

After graduation I thought I would take my BA in Mass Communications with emphasis in Broadcasting and Journalism and Minor in Political Science and become a big time reporter in some major city. But instead my internship with our news station here at Midwest Communications turned into a part-time job and opened the door to the morning show co-host position at WDEZ. After 9 1/4 years of fun in the mornings I was promoted to Assistant Brand Manager and moved to The Workday Getaway.

I couldn't deny my love for rock anymore! It was time dive head first into the genre I spent my formative years listening to day in and day out. When the opportunity arose for me to become the Brand Manager for Rock 94.7 and host the morning show I couldn't pass it up.

I'm so happy that I stayed in Central Wisconsin I couldn't imagine raising my three daughters anywhere else.

Favorite band: STP

First concert: Bryan Adams 1992 at the Target Center in Minneapolis (I was 12)

Favorite color: Yellow

Favorite pasttime: Watching Walking Dead, American Horror Story and Covert Affairs

Vice: Wine