LVMH looks to sell its stake in Rihanna's Fenty Beauty for about $2 billion
Billionaires Africa | 15.05.2026 19:17
LVMH is exploring the sale of its 50 percent stake in Fenty Beauty, the cosmetics brand co-owned with Rihanna, as part of the largest portfolio reset in the French luxury conglomerate's nearly 40-year history, the Financial Times reported this week.
