LVMH Mulls Stake Sale in Rihanna-Backed Fenty Beauty, Reuters Says, Citing Sources

-- French luxury-goods group LVMH is working with investment bank Evercore to explore a potential sale of its 50% stake in Fenty Beauty, Reuters reports, citing people familiar with the matter.

-- Fenty Beauty, which LVMH co-owns with singer and entrepreneur Rihanna, could be valued at somewhere between $1 billion to $2 billion, according to Reuters.

-- LVMH and Evercore declined to comment when approached by Reuters, while Fenty Beauty and representatives for Rihanna didn't immediately respond to requests for comment.


Full story: https://bit.ly/4nfLgL2


Write to Andrea Figueras at andrea.figueras@wsj.com


(END) Dow Jones Newswires

October 22, 2025 06:14 ET (10:14 GMT)

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