The New York Times reported Thursday that Naked cosmetics will sell its brands to cosmetics giants Catrice and Estee Lauder, which is expected to pay $25 million for the assets.
The deal is expected close in the second half of 2018.
The assets include retail stores, beauty and fashion brands, as well as makeup and accessories.
Catrice will use the proceeds to build new cosmetics and makeup products for women and men.
The New Yorker reported earlier this month that the two companies have been working together for several years on a new cosmetics line.
The company has more than 20,000 employees and was founded in 2011.
The Los Angeles Times reported last month that Kylies cosmetics, owned by beauty brands Kylie Cosmetica, Kylie, and Beauty & Makeup, was valued at $1.4 billion.
The cosmetics company also owns and operates Kymco Cosmetics, which has about 1,300 stores in the U.S. The news of the sale comes just weeks after Catrice announced it would be selling its cosmetics portfolio, which included Kylie’s, to the global cosmetics group LVMH.
The announcement was made on July 19.
Kymcosmetics was founded by three former employees of Kylie.
Catrrice said in a statement that it would make the sale “to strengthen its position in the emerging market for beauty products and services.”
Catrice has been a pioneer in the cosmetics industry.
The group has over 400,000 brands, including Kylie cosmetics, makeup, skincare and hair products, and has about 6,000 distribution locations in more than 170 countries.
The Korean cosmetics company fiera has revealed its newest makeup products are vegan, and they’re even vegan-friendly.
The products come in seven shades of fiera’s signature black kimchi, a delicious blend of green and white.
The company said its new cosmetics are vegan-approved for the purpose of “enabling healthy skin and hair”.
The products range from the classic shades of kimchis “blue kimochi” and “pink kimachi” to the “blue pink kimochei” with its rich brown base and “yellow pink komochei”.
These are the same shades that were available on the fiera website and on the packaging for its new range of skin-brightening and brightening products, fiera said.
The cosmetics are also vegan-certified for the use of animal-derived ingredients such as “non-GMO soybean oil and plant-derived proteins” and for the production of animal products.
The fiera brand is owned by Korean cosmetics giant SKH.
Fiera, which makes skin-soothing cosmetics such as the “Fiery Rose” and the “Sunshine Rose”, also sells its cosmetics on its website for around $35 a pop.
The launch of the new products is part of a wider push to make kimchees a healthier option for consumers.
“I want to make sure that our customers will feel more confident and that they can take care of their skin in a healthier way,” fiera CEO Seung-Yoon Kim told the Wall Street Journal.
Feria has launched the fieri skincare line in the US in the past and has said that it has more than 5 million products in the market.
Fieri said it would launch more new products this year, including the new range, with a launch expected later this year.
Follow the BBC’s coverage of the launch of fieri cosmetics in the UK.
MILK COSMETICS is known for its bold, high-contrast shades, but its products also include an array of natural products.
One such product is the Nude Beauty Stick, which is made with almond butter, coconut oil, rosehip oil, and chamomile.
Its natural ingredients include rosemary, chamome, and lavender.
NudeBeautyShop.com/NudeBeautiesStore/MilkCOSMETIC.aspxMilk COSMTIC has been in business since 2006, but is now a full-service makeup and skincare store.
The company offers its products in a variety of colors and fragrances, and sells them at $12.95 a box.
(For a complete guide to makeup and beauty products, check out our guide to what to buy and how to shop.)
Milk Cosmetics also offers skincares, body scrubs, and other skincARE products for men and women.
You can find the complete range at MilkCOSMTICS.comMilkCosmetics.com