JAŸ-Z’s MarcyPen Is Trying To Buy LVMH’s Stake In Fenty Beauty

JAŸ-Z’s MarcyPen Is Trying To Buy LVMH’s Stake In Fenty Beauty

Source: Kevin Mazur / Getty Nearly a decade later, Fenty Beauty could be entering a new chapter. JAŸ-Z’s MarcyPen wants to buy LVMH’s stake in the company. Read on to see why this matters.  Rihanna’s Fenty Beauty changed the beauty industry the moment it launched in 2017. By introducing an inclusive foundation range that centered consumers who had long been overlooked, the brand quickly became a global success and forced the beauty world to reth…

JAY-Z Is Trying To Buy LVMH’s Stake In Fenty Beauty

Source: Kevin Mazur / Getty Nearly a decade later, Fenty Beauty could be entering a new chapter. JAŸ-Z’s MarcyPen wants to buy LVMH’s stake in the company. Read on to see why this matters.  Rihanna’s Fenty Beauty changed the beauty industry the moment it launched in 2017. By introducing an inclusive foundation range that centered consumers who had long been overlooked, the brand quickly became a global success and forced the beauty world to reth…

MarcyPen Capital Partners reportedly in talks to buy LVMH’s stake in Fenty Beauty

The investment firm co-founded by rapper Jay Z is allegedly one of the firms exploring a potential purchase of LVMH’s 50% stake in singer Rihanna’s cosmetics empire, Fenty Beauty

Jay-Z-Backed MarcyPen Capital Partners in Discussions To Acquire LVMH's Stake in Fenty Beauty

The beauty brand generated around S$450 million in net sales in 2024, with a valuation between US$1 billion and US$2 billion.