Giuliana Rancic is stepping down as the host of "E! News" on Aug. 10, but she will remain a co-host of "Fashion Police" and "Live from the Red Carpet," according to a statement released earlier this week.

"For more than a decade, I was fortunate enough to play a role in the success of E! News and will miss my family at the show," Rancic said in a statement. "At the same time, I am excited to not only continue as host of two major franchises on E! but also executive produce the aspirational new show 'Rich in Faith' for Oxygen as well as take my wine and clothing lines to the next level. This is such a thrilling time for me and I thank the gang at E! for understanding my desire to embark on this next chapter in my life."

Earlier this year, Rancic was in hot water for criticizing the dreadlocks singer Zendaya sported on the Oscars red carpet and saying that Zendaya looked like she smelled "like patchouli or weed." The fallout led to Kelly Osbourne's departure from "Fashion Police," followed closely by Kathy Griffin's departure as well, according to People.

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