Late Friday, Skims announced that it was acquiring Skkn By Kim, the beauty line that Kim Kardashian created in 2022 with Coty.
“I’ve heard that the relationship between Kim’s team and Coty soured long ago, in part because Kim paid so little attention to the beauty line, especially after Skims became a unicorn,” Puck’s Rachel Strugatz reports.
“The hardest part of creating a successful beauty line is the marketing and communications piece, which is where Skims excels. I’ve actually wondered why they haven’t been doing Kim’s beauty all along,” Rachel continues.
“Whatever this new beauty line will look like, it can more or less be ‘Skims-branded’ beauty—think Skkn By Skims or SkimsSkkn.”
At the link in bio, Rachel reveals the numbers behind the deal.
Photo courtesy of Skkn
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