Kylie Cosmetics, founded by Kylie Jenner in 2015, is an American cosmetics company. It initially gained popularity with its Kylie Lip Kits, featuring liquid lipstick and lip liner sets. Originally named Lip Kit by Kylie, the company rebranded to Kylie Cosmetics in 2016. The brand leverages Kylie Jenner's considerable social media influence to drive sales and brand awareness, contributing significantly to its rapid growth and success in the competitive beauty industry.
In February 2016, Lip Kit by Kylie was renamed to Kylie Cosmetics, and production increased to 500,000 kits.
In May 2016, Kylie Cosmetics changed the packaging of its Lip Kits due to complaints of theft. The boxes were changed to a basic black, and the recognizable lip gloss design was moved to the inside of the box.
In April 2017, Jenner announced her collaboration with Kim Kardashian, called KKW X Kylie.
In February 2018, Jenner released Kylie Cosmetics’ first non-collaborative collection named Weather. Jenner explained the collection is an ode to her daughter, Stormi.
In April 2018, Jenner announced a collaboration with her half-sister Kourtney Kardashian, named Kourt X Kylie.
In the April 2018 release of the Kourt X Kylie Collection, Kylie Cosmetics included eyeshadow palettes with brand new plastic packaging rather than the traditional cardboard packaging.
On May 9, 2018, Kylie and Kris Jenner announced their collaboration called the Kris Kollection via Instagram. The Kris Kollection includes a Mini Lip Set named "Momager", lip glosses and a four pan pressed powder highlight/blush palette.
In November 2018, Kylie Cosmetics products became available for purchase at Ulta.
In March 2019, Forbes valued Kylie Cosmetics at $900 million.
In November 2019, Coty acquired a 51% controlling stake in Kylie Cosmetics for $600 million, which valued the company at approximately $1.2 billion.
On April 8, 2020, Forbes again named Jenner as the world's youngest "self made" billionaire, citing her net worth having increased to $1.2 billion.
In October 2021, Kylie Cosmetics released a A Nightmare on Elm Street collaboration for Halloween.
On October 19, 2022, Kylie Cosmetics released a collaboration with Batman named Batman x Kylie.
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