Billionaire cosmetics mogul Kylie Jenner is all set to further expand her empire with a baby retail brand. The social media star has apparently applied for 18 trademarks to create the retail brand, ‘Kylie Baby’ and ‘Kylie Baby by Kylie.’
Earlier this month, Jenner signed and submitted applications to the United States Patent and Trademarks office to sell end-to-end baby products. But guess what? She did not stop there. The next day she filed trademarks for ‘Kylie hair’ and ‘Kylie Hair by Kylie Jenner’ which is an extension of Kylie cosmetics that is currently valued at close to $1 billion.
It seems like Kylie has entered the baby care segment at the right time. According to a report by Grand View Research, global baby products will experience a compound annual growth of 5.5% over the next six years reaching 16.78 billion by 2025.
Well, looks like there is no stopping the 21-year old Kylie Jenner who is on her way to becoming one of the biggest entrepreneurs we are going to see.
Pic courtesy: Official Instagram Account of Kylie Jenner