Kylie Jenner's Not Alone: Kim Kardashian's Beauty Company Is Now Worth $1 Billion
Kim also issued a statement on the deal, per Coty's press release: "Partnering with an established organization like Coty will be instrumental in the advancement of my brands as their global reach allows for faster expansion so people around the world are
able to experience new launches first hand."star continued, "This relationship will allow me to focus on the creative elements that I'm so passionate about while benefiting from the incredible resources of Coty, and launching my products around the world."
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