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flag Coty sells its stake in Kim Kardashian's beauty line SKKN by Kim to her shapewear brand Skims.

flag Coty has sold its stake in Kim Kardashian's beauty brand, SKKN by Kim, to her shapewear brand, Skims. flag This move consolidates Kardashian's fashion and beauty ventures under Skims, which will now include skincare, cosmetics, and fragrance. flag Coty's decision follows tensions with Kardashian and Jenner over brand management, though Coty will retain its partnership with Jenner's Kylie Cosmetics.

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