It is reported that LVMH is considering selling its 50% stake in Fenty Beauty, co-owned with singer Rihanna

AASTOCKS
2025.10.22 00:44

Reuters cited sources reporting that LVMH is considering selling its 50% stake in Fenty Beauty, which is co-owned with singer Rihanna, and is collaborating with investment bank Evercore on this sale.

According to sources, Fenty Beauty had net sales of approximately $450 million last year, with a valuation potentially between $1 billion and $2 billion

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