Kim Kardashian in talks about a new cosmetics line!!! The New York cosmetics giant is in talks with Kim Kardashian West to collaborate on “certain beauty products,” the company revealed in a securities filing on Tuesday.
Coty already has a 51-percent stake in Kardashian’s younger sister, Kylie Jenner’s beauty company, Kylie Cosmetics, for which it shelled out $600 million last year.
The Kylie Jenner collaboration came under scrutiny last week after Forbes magazine alleged that Jenner had been overplaying the value of her cosmetics brand and that she wasn’t a billionaire as she claimed.
Shares of the company rose nearly 7 percent on Wednesday after the possibility of another collaboration with the family, adding to the 20-percent gains in Coty’s stock seen earlier this week, when it named chairman Peter Harf as its new CEO.
Called “America’s Number ONE Gossip Columnist” by The National Enquirer. Rob ‘Naughty But Nice’ Shuter breaks celebrity news every day on his website NaughtyGossip.com where he delivers all the dish about the stars we love in his naughty but nice signature style. You can also catch him co-hosting and breaking celebrity news on Good Day New York, The Today Show, The Talk, Wendy Williams Show, CNN, Extra and Z100’s ‘Elvis Duran.’ Previously, Rob was the Huffington Post’s only celebrity columnist and the former executive editor of OK! Magazine. Rob has also hosted his own Saturday night talk show on Mark Cuban’s channel and his own daily morning show, ‘The Gossip Table,’ on VH1! He just celebrated his one-year anniversary on Radio Rob – his subscription-based daily live podcast gossip show! Breaking some of the biggest entertainment stories, including Jamie Lynn Spears’s pregnancy news, Britney’s first post-meltdown interview, Eva Longoria’s wedding, and baby exclusives for Jessica Alba, Tori Spelling and Mathew McConaughey’s tots, Rob always knows where to find the best scoop. Before Rob was one of the world’s most successful entertainment reporters, he was a publicist working for Jennifer Lopez, Alicia Keys, P. Diddy, Jessica Simpson and Jon Bon Jovi! Now he is bringing all this experience to his new show on I HEART MEDIA in his unique cheeky way, that is always a pinch and never a punch!