Kylie Jenner Kylie Cosmetics president pandemic stars Kylie Jenner Kylie Cosmetics

Kylie Jenner’s cosmetics empire shaken as ‘six senior employees laid off’ at factory amid claims she lied about profits

Reading now: 903
www.thesun.co.uk

KYLIE Jenner's cosmetics fulfillment center, which manufactures her beauty products, has laid off around six senior employees amid a major shake-up of her multi-million dollar empire, The Sun can exclusively reveal.

The layoffs come after Kylie was accused of lying about her company's profits by Forbes magazine and the CEO stepped down from his role.

The makeup mogul sold a 51 percent stake in Kylie Cosmetics for $600million to consumer giant Coty in November, with the deal initially valuing the brand at $1.2 billion.

The appointed CEO of Kylie Cosmetics, Christoph Honnefelder, quit in April before he officially took on the role, citing "personal reasons," and has since been replaced.

Read more on thesun.co.uk
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA