Kylie Cosmetics, Kylie Jenner’s company has earned an incredible US$420 million in retail sales in just 18 months.
The entrepreneur’s brand is estimated to hit US$1 billion by 2022, the Daily Mail reported.
WWD reported on Wednesday (US time) that Kylie Cosmetics will see a 25 per cent increase in sales in 2017 – which would be US$386 million.
Kylie, who has just recently turned 20, told the website: “I do want stores, my own store … I think it’s time people walk into a store and see Kylie Cosmetics.”
Last year she released the limited edition Birthday Collection, which brought in US$10 million in 24 hours.
In comparison, Lancome reached US$1b in 2015 after 80 years in the beauty world, according to WWD.
Estee Lauder’s Tom Ford Beauty took a decade to hit US$500 million in sales, they added.