Beauty Mogul Kylie Jenner to Sell Control of Kylie Cosmetics to COTY Inc.

Kylie Jenner has decided to sell the majority stake of her popular cosmetic line to a NY based cosmetics company Coty Inc. The businesswoman will sell her share of 51% at a sum of $600 million, though she will still stay on as its creative leader.

The New York-based beauty company owns ...