The cosmetics conglomerate will acquire a 20% stake in the KKW Beauty business and help it expand into new categories.
The news comes after months of rumors about a deal.
Plus, artist Tom Sachs on creative leadership and his ongoing relationship with Nike.
The brand had brought its beauty business in-house four years ago.
Plus, Hermès is teaming up with Nordstrom.
An update on the state of the fragrance business.
Coty Inc, the beauty behemoth behind pretty much every blockbuster scent, is finally going public, WWD is reporting.