Source: CBS News
The official website of the Kataeb Party leader
Security & Justice
Southern Lebanon Endures Massive Damage: 40,000 Homes Leveled Across 37 Towns
Israeli forces have systematically destroyed entire neighborhoods in southern Lebanon, leveling more than 37 towns and wiping out over 40,000 residential units, according to Lebanon's National News Agency.
Tuesday, November 5, 2024
Gaps in Coastal Radar Enabled Israeli Raid in Batroun, Army Commander Says
Lebanon’s army chief, General Joseph Aoun, detailed to Caretaker Prime Minister Najib Mikati how Israeli forces likely exploited gaps in the country's coastal radar system during the recent raid carried out in Batroun. The briefing comes as Lebanese officials seek answers on how Israel’s elite Shayetet 13 unit carried out the landing undetected.
Monday, November 4, 2024
Opinion
My Hope for Lebanon
A company of Lebanese soldiers assigned to maintain order in this anxious wartime capital is gathered at its headquarters 100 yards from the Mediterranean. I make the blunder of asking their commander how many of his men are Shiites, Sunnis, Christians and Druze.
Monday, November 4, 2024
The Emptying of Baalbek Is a Moment to Take Stock
“Large numbers of people continue to flee their homes every day, as Israel’s military operations in Lebanon have been going on unabated.” These disturbing words could be from almost any news report about Israel’s invasion of its northern neighbour over the past month. However, they can be found in a report by the Norwegian Refugee Council’s Internal Displacement Monitoring Centre issued on July 27, 2006.
Saturday, November 2, 2024
Sports
FC Barcelona Fears First Team Star Will Be Banned From Playing, Reports SPORT
FC Barcelona is concerned that one of its main first-team stars will be banned from playing at the turn of 2025 because of issues related to his registration and Financial Fair Play (FFP) limits according to SPORT, which cited anonymous sources.
Friday, November 1, 2024
Tottenham Forward Son Heung-min Crowned Asia’s International Player of the Year
Tottenham forward Son Heung-min was crowned as Asia’s International Player of the Year for the fourth time by the Asian Football Confederation at its annual awards ceremony Tuesday.
Wednesday, October 30, 2024
Tuesday 30 June 2020 11:39:07
Kim Kardashian West Sells Stake in Her Beauty Brand for $200 Million
Kim Kardashian West is selling a stake in her beauty brand for $200 million, a deal that values the reality TV star's three-year-old makeup business at $1 billion.
The buyer is CoverGirl owner Coty, which will own 20% of the company, called KKW Beauty. Coty appears to have a Kardashian infatuation: Last year, it bought a majority stake in the makeup line started by Kardashian West's younger sister, Kylie Jenner, for $600 million.
"Kim is a true modern day global icon," said Coty CEO Peter Harf in a statement. He also cited Kardashian West's "unparalleled ability to connect with people around the world" as one reason for partnering with her.
Kardashian West, who stars on the long-running reality TV show "Keeping Up with the Kardashians," founded KKW Beauty in 2017 and leveraged her hundreds of millions of social media followers to sell lip gloss, body foundation and perfume.
The 39-year-old will remain the creative force behind KKW Beauty, according to a Coty press release announcing the deal.
"Kardashian West and her team will lead all creative efforts in terms of product and communications initiatives," according to the release.
Coty plans to expand the brand into more countries around the world and explore other beauty categories, like skin creams and shampoos. It also hopes that the buzzy brand can help boost sales and connect with younger shoppers who spend time honing their own social media images.
KKW Beauty's reach dwarfs that of Coty's existing brands, which include Max Factor makeup and Sally Hansen nail polish. Max Factor, for example, has 585,000 Instagram followers, compared to KKW Beauty's 4.4 million.
Coty, which expects the deal to close next year, didn't reveal any sales data for KKW Beauty. Shares of New York-based Coty rose 10% to $4.06 Monday morning.
It's been a busy summer for the Kardashian West family. On Friday, Kim Kardashian's husband, Kanye West, announced a deal to design fashions for the Gap under his Yeezy brand, news that sent Gap's long-sagging stock soaring more than 40% to surpass $14 a share.
West worked in a Gap store as a teen in Chicago. Now, the 43-year-old mogul "has become a disruptive force across music, footwear, fashion, architecture and more," the company says in the release. As he raps in the song "Spaceship," West is going "back, back to the Gap."