Media: Kim Kardashian plans to launch a new cosmetic brand

       

During the quarantine, Kim Kardashian never bored and often delighted the subscribers home photo shoots. But there are suspicions that the star was not just content for Instagrama.

According to the publication WWD, Kim is in talks with major concern Coty to launch a new cosmetic line. Official statements neither Kardashian nor Coty has not yet been done, however, reporters found online information about the registration of the relevant documents.

However such a deal is very real and after the appearance of these rumors, the company’s stock price has risen 7%. Also Coty already has a controlling stake in beauty brand sister Kim, Kylie Jenner, which the company last year acquired for $ 600 million.

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