Kylie Jenner’s Cosmetics Company Is Worth $420 Million, Kris Jenner
Kris Jenner has revealed her daughter’s business Kylie Cosmetics, which includes her coveted Lip Kits, has made $420 million in retail sales since its official launch 18 months ago. The company is projected to make $386 million in 2017—a 25 percent increase, the outlet reported Wednesday.
Kris Jenner shared these astronomical figures with WWD during an exclusive interview, providing the publication with documentation.
She said the brand has gone from creating a limited test run of only 15,000 units, to 500,000 units of all six shades three months later, to a staggering 300,000 units of each individual product.
The site reports Kylie’s line projects $386 million in sales in 2017 … putting it on track to become a billion dollar company by 2022.