Skims buys Coty’s stake in Skkn by Kim ahead of brand merger
Shapewear brand Skims has acquired a 20 per cent stake in the Skkn brand from global beauty giant Coty. The partnership will merge all Kardashian-led brands – including Skims, Kylie Cosmetics, and Skkn – while expanding their distribution footprint, research and development, and manufacturing capabilities.
Skims Acquires Skkn by Kim From Kim Kardashian and Coty
Coty acquired 20 percent of KKW Beauty, for $200 million in 2021. Now that stake will belong to Skims, while Kardashian’s 80 percent stake will also be transferred to Skims. Coty plans to use the proceeds to progress deleveraging strategy and invest in wider brand portfolio innovations
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Psst: You Can Score Up to 72% Off Editor-Favorite Shapewear Brands Right NowWhile shapewear can be a little pricey, there's no need to splurge for a good quality garment. We've gathered all the notable sales on shapewear from our favorite brands, and you ...
Plus, the industry has gone through big changes in the last five or so years: Much of today’s shapewear is meant to be comfortable enough to wear every day, and lots of brands have made their ...
There are plenty of brands to shop online and in-store, with M&S, Spanx, Skims, John Lewis and other lingerie labels offering multiple styles. Shapewear can be worn underneath dresses ...
Sara Blakelys Spanx and Kim Kardashians Skims have popularized shapewear, with the market booming in India. New brands like ...
We are beyond honored to receive our first-ever American Good Design Awards, with both Gold and Silver recognitions for our AirSlim collection,” said Shane Shi, Vice President of Shapellx. “Both the ...
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