Kylie Jenner Just Sold 51% Of Kylie Cosmetics For $600 Million And Kris Jenner Is Obviously Very Happy About It

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Kris Jenner Just Revealed Why Kylie Sold Kylie Cosmetics And What Her Goals Are For The Future

Kris Jenner also reacted to the news in a recent interview and obviously she's incredibly excited about the whole thing too."Yesterday was a really big day for Kylie and our team at Kylie Cosmetics, and truly a moment for our family to be proud," Kris said on the Squawk podcast."It’s kind of a crystallisation of all of our work but also a moment to just look forward and be really excited about the future.

Speaking about the future of Kylie Cosmetics, Kris said the aim was to build the empire into a"global powerhouse brand", which was a vision they shared with Coty."I think the goal is to just keep building Kylie’s existing beauty business into a global powerhouse brand — that’s the vision," Kris revealed."We decided to partner with Coty because they share the same vision that we do in building this into a huge thing.

Kris added that Kylie hasn't even"scratched the surface" when it comes to expanding her brand, revealing that there are a ton of categories the 22-year-old wants to move into.Adorably though, Kris said that Kylie is obsessed with her brand and wants to pass it down to daughter Stormi when she's older."She talks about it all the time," Kris said."20 years from now, she sees herself doing this and maybe passing it down to her daughter.

 

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