News | Entertainment
30 Mar 2024 2:32
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   Home > News > Entertainment

    Kylie Jenner wants to keep working on her cosmetics company “for the rest of her life”, according to her mother Kris Jenner

    The 22-year-old reality star sold a majority stake in her Kylie Cosmetics company to beauty giant Coty - which owns around 77 brands including Hugo Boss, Burberry, Rimmel and Max Factor - for $600 million earlier this week, and Kris has now said that despite the sale, Kylie will continue to play a major part in the brand, because it’s her “passion”


    Speaking during an interview on CNBC’s ‘Squawk Box’, 64-year-old Kris said: "Yesterday was a really big day for Kylie and our team at Kylie Cosmetics. Truly a moment for our family to be proud. It’s kind of a crystallisation of all of our work, but also a moment to just look forward and be really excited about the future. I think the goal is to just keep building Kylie’s existing beauty business into a global powerhouse brand. That is the vision.

    "This is her baby and this is her dream ... She hasn’t even scratched the surface ... She feels like this is where she belongs. This is where her passion is and she really wants to use her creative side to develop her brand. This is what she wants to do for the rest of her life. She talks about it all the time.

    "Twenty years from now, she sees herself doing this and maybe passing it down to her daughter.”

    Kylie - who has 21-month-old daughter Stormi with Travis Scott - announced this week she sold a 51 percent stake in her company to Coty, and although the brand now has overall responsibility for the brand, the brunette beauty will still work alongside her team to lead creative efforts and communications.

    She said: "I'm excited to partner with Coty to continue to reach even more fans of Kylie Cosmetics and Kylie Skin around the world.

    "I look forward to continuing the creativity and ingenuity for each collection that consumers have come to expect and engaging with my fans across social media. This partnership will allow me and my team to stay focused on the creation and development of each product while building the brand into an international beauty powerhouse.”

    Since the announcement, the shares in Coty have shot up by 5 percent - even though the deal isn't expected to be close until the third quarter of fiscal year 2020.

    © 2024 Bang Showbiz, NZCity

     Other Entertainment News
     29 Mar: Heidi Klum would've "loved" a role in 'Griselda'
     29 Mar: Tom Schwartz "made out" with Scheana Shay 12 years ago
     29 Mar: Mel B vowed she would never marry again following her split from Stephen Belafonte
     29 Mar: Eva Mendes has branded her mum "incredible" for retaining her sense of humour during her battle with cancer
     29 Mar: Katie Maloney doesn't "hang out" with her 'Vanderpump Rules' co-stars
     29 Mar: Jessica Chastain found it "difficult" to film 'Mothers' Instinct' with her showbiz pal Anne Hathaway
     29 Mar: Queen Camilla hosted authors and actors at a star-studded event in London to celebrate reading
     Top Stories

    RUGBY RUGBY
    The Chiefs are backing young first-five Josh Jacomb to step up in tonight's Super Rugby clash against the Crusaders in Christchurch More...


    BUSINESS BUSINESS
    New Zealand Food Safety is supporting Matakana Smokehouse in its recall of a specific batch of two of its salmon products because of the possible presence of Listeria More...



     Today's News

    Rugby League:
    NRL Good Friday: Bulldogs take on desperate Rabbitohs, Broncos renew rivalry with Cowboys 23:07

    Law and Order:
    Gisborne Police have charged three people with graffiti vandalism and have identified a fourth suspect after the city's rainbow crossing was defaced with white paint earlier this week 21:57

    Entertainment:
    Heidi Klum would've "loved" a role in 'Griselda' 21:53

    Law and Order:
    Police have left the scene of a party that erupted into a disturbance on Auckland's Princes Wharf 21:37

    Entertainment:
    Tom Schwartz "made out" with Scheana Shay 12 years ago 21:23

    Entertainment:
    Mel B vowed she would never marry again following her split from Stephen Belafonte 20:53

    Entertainment:
    Eva Mendes has branded her mum "incredible" for retaining her sense of humour during her battle with cancer 20:23

    Entertainment:
    Katie Maloney doesn't "hang out" with her 'Vanderpump Rules' co-stars 19:53

    Entertainment:
    Jessica Chastain found it "difficult" to film 'Mothers' Instinct' with her showbiz pal Anne Hathaway 19:23

    Rugby:
    The Chiefs are backing young first-five Josh Jacomb to step up in tonight's Super Rugby clash against the Crusaders in Christchurch 18:57


     News Search






    Power Search


    © 2024 New Zealand City Ltd