Coty in talks to collaborate with Kim Kardashian for cosmetics line
Coty Inc is in talks with reality TV star Kim Kardashian West over a potential collaboration for a beauty line, the cosmetics maker disclosed in a regulatory filing on Wednesday.
FILE PHOTO: Reality TV personality Kim Kardashian attends a public discussion during the World Congress on Information Technology (WCIT 2019) in Yerevan, Armenia October 8, 2019. Vahram Baghdasaryan/Photolure via REUTERS(Reuters) - Coty Inc (COTY.N) is in talks with reality TV star Kim Kardashian West over a potential collaboration for a beauty line, the cosmetics maker disclosed in a regulatory filing on Wednesday.
The company already has a majority stake in West’s half sister, Kylie Jenner’s makeup and skincare line, which it bought last year for $600 million.The holding recently came under the scanner after Forbes magazine alleged that Jenner had been overplaying the value of her cosmetics brand.
Coty’s new chief executive officer said on Monday the allegations came as a “mystery” to him.Shares of the company rose nearly 7% on Wednesday after the possibility of another collaboration with the family, adding to the 20% gains in Coty’s stock seen earlier this week, when it named chairman Peter Harf as its new CEO.
Coty, however, said there was no assurance that an agreement or collaboration would be reached and did not provide any further details. (bit.ly/3eM6Gwx)West, who is known for chronicling her life with her sisters on TV’s “Keeping Up with the Kardashians”, launched her own makeup line in 2017, two years after Jenner’s successful foray into the beauty industry.
Reporting by Aishwarya Venugopal in Bengaluru; Editing by Shinjini Ganguli Read more: Reuters Top News »
Not a great idea.... Give me strength. Now that's news I can use! 🙄 Seriously!! Who actually cares? Let alone minor issues like covid 19.... LETS TALK COSMETICS! Pathetic Eventually, you will understand that currently, no one gives a fuck about what famous people do. Perhaps a formula to render her invisible.
First of all Reuters who the hell is interested in keeping up with the Kardashians right now?!!! NOBODY OF SUBSTANCE!!! FOH🤬 Thanks Rayjay YAWN Seriously? With all that's going on right now? Not even worth reading about in the calmest of times. Just stop. Fire your editor. Since the Kylie Jenner Saga, I would also investigate Kim Kardashian. (The are a family business)
Who cares? For cats ! Read the room.... No one fucking cares This belongs in a beauty magazine. It is not news even on the best of days. This is not news! Who f****** cares about makeup right now Relevance?
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Kim Kardashian offers to pay medical bills for protester shot in the face*Warning graphic content* The Keeping Up With The Kardashians star called on her Twitter fans to identify the injured protester so she could pay her medical bills Than do it quietly- why advertise it. And what does Kanye think about that?
Critics Think Kim Kardashian Slimmed North West's Tummy With PhotoshopKim Kardashian has posted a few suspect photos that have people complaining that she photoshopped photos of her kids.
Kim Kardashian accused of photoshopping daughter North to make her look thinnerKim Kardashian has been accused of editing a snap of her daughter North to make the youngster appear thinner on social media
Kim Kardashian offers to pay medical bills of protester shot in the face*Warning: Graphic Content* The Keeping Up With The Kardashians star called on her Twitter fans to identify the injured protester so she could pay her medical bills
Kim Kardashian Offers to Help Protester Hit by Rubber BulletKim Kardashian offers to pay protester's medical bills after her eye and face were hit w/ a rubber bullet. ✊🏻✊🏼✊🏽✊🏾✊🏿♥️ 👍 Oh how admirable of you! boycottkklan such hypocrites