Kylie Jenner joins with family that can keep up with Kardashians
he family behind Krispy Kreme Doughnuts and Panera Bread is turning to
the Kardashian clan for its latest investment. The Reimanns of Germany are
major shareholders of Coty Inc., which is buying a 51 percent stake in Kylie
Jenner’s cosmetics line for $600 million, valuing the company she founded as a
teenager at roughly $1.2 billion.

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