Kim Kardashian has announced that her SKIMS brand has acquired her beauty line SKKN by KIM, consolidating the two brands. SKIMS acquired Kardashian's 80% stake in the line, as well as beauty conglomerate Coty's 20% holding. The beauty line currently offers skincare and makeup products, which will now be sold under the SKIMS label. SKIMS will now offer clothing, cosmetics, skincare, and fragrances. The beauty and fragrance products are set to become available next year under SKIMS.