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BusinessMember

Coty: Skims acquires stake in SKKN by Kim

Coty Inc. has sold its shares in the SKKN by Kim brand. The US cosmetics company has sold its 20 percent stake in Kim Kardashian's cosmetics brand to Skims, Coty announced on Friday. Following the transaction, the shapewear provider co-founded by the media personality and businesswoman will combine the beauty and lifestyle ventures under one...

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Fashion|Beauty FeaturedMember

Swarovski to enter fragrance market with Coty deal

Austrian-based crystal company Swarovski is eyeing the fragrance market after signing a long-term beauty licensing deal with Coty, the beauty giant with a portfolio of brands across fragrance, colour cosmetics, and skin and body care. In a statement, Swarovski said the deal would allow it to develop, produce and distribute “a new vision of...

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