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Thursday June 13, 2024

Selena Gomez breaks silence on selling Rare Beauty speculations

Selena Gomez believes she can use her company’s platform to help others

By Web Desk
May 30, 2024
Selena Gomez addresses rumours shes selling Rare Beauty
Selena Gomez addresses rumours she's selling Rare Beauty

Selena Gomez has recently declined rumours that she’s selling her cosmetics brand Rare Beauty.

In a new interview with Time, the Only Murders in the Building actress said, “I don’t have any plans on that, genuinely.”

The actress and singer opened up that she would be working on products for the next few years.

Selena stated that the business aspect of running Rare Beauty, which was selected as one of Time100’s Most Influential Companies, could be overwhelming, the singer however chose to focus on how she can use her platform to help others.

“I have this weird thing in my head where if I focus on the numbers, I’ll lose whatever it is that made Rare Beauty Rare Beauty,” mentioned the singer and actress.

Selena told the outlet, “I never wanted it to be about making a lot of money and that’s it.”

Time reported that the company’s Rare Impact Fund has a goal of raising $100 million within the brand’s first 10 years and has already raised $13 million.

“As far as the products go, I think the possibilities are endless,” remarked the singer and actress in a video for Time100.

Selena explained, “I’m not shying away from anything. I think I’m just taking my time because I don’t know if I’d want to push every idea out right away.”

“I sit with my products, I have testing… I just kind of live with it for a bit,” she added.