Billionaire cosmetics mogul and social media star Kylie Jenner is making strikes to develop her empire.
9 days after Instagramming a birthday message to her companion, rapper Travis Scott (“Let’s”f*ck round and have one other child”), the 21-year-old took steps to enhance her entrepreneurial household by making use of for 18 emblems to create a child retail model.
Jenner signed and submitted functions to the US Patent and Logos Workplace on Could 9 to promote no matter a baby may want, together with clothes, breast pumps, strollers, and diapers beneath the names Kylie Child and Kylie Child by Kylie Jenner.
However her enterprise constructing didn’t cease there. The subsequent day, she submitted 10 functions to trademark Kylie Hair and Kylie Hair by Kylie Jenner—a pure extension of Kylie Cosmetics, of which Forbes estimates the worth at $900 million.
You’ll be able to’t preorder a bassinet-full of Kylie-branded child wipes simply but. In keeping with trademark legal professional Josh Gerben, “It can usually take three to 4 months earlier than the federal government even picks these up and opinions these emblems after which, assuming the whole lot goes easily, it will likely be one other six or seven months or so till the registrations are even able to subject.”
At that time Jenner, who didn’t reply to Fortune’s request for remark, may have a yr to show that she is utilizing the emblems for his or her supposed merchandise—though she will be able to lengthen the registrations for as much as three years after that if she doesn’t meet the deadline.
Whereas Jenner is beneath no authorized obligation to truly produce a child or haircare model—she’s merely obligated by legislation to have a “bona fide intention” to take action—Gerben tells Fortune, “It seems to be very effectively deliberate out given what number of functions had been really filed.”
By creating so many emblems, Jenner will have the ability to pursue some endeavors whereas leaving others as “pending.” That means, she will be able to create a clothes line, for instance, with none obligations to concurrently create a child bathtub product line.
There are advantages to coming into numerous sectors within the child retail market. In keeping with a January report by Grand View Analysis, world child merchandise (which embody cosmetics, toiletries, child meals, and child security objects) will expertise a compound annual progress price of 5.5% over the following six years, reaching $16.78 billion by 2025.
There’s additionally room for progress in youngsters’s apparel, significantly given the market hole left by Gymboree following its January chapter. Though it’s unknown what Jenner will pursue or produce, her clothes utility lined:
“Bottoms [shorts and pants] as clothes; coats; clothes; footwear; headwear; jackets; jumpers; loungewear; rompers; scarves; shirts; sweaters; tops [shirts] as clothes; undergarments; socks; hosiery; swimwear; material bibs; gloves; sleepwear; one piece garment for infants and toddlers; costumes to be used in youngsters’s costume up play.”
Regardless of the various unknowns, together with value factors and factors of gross sales, in keeping with Gerben, “I feel this can be a very reputable marketing strategy at this level and that it’s very seemingly that you just’re going to see a line of Kylie Child services and products sooner or later in time.”