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Top Global Cosmetic Industry News

LVMH explores sale of its 50% stake in Rihanna-backed Fenty Beauty, sources say — JULIEN DE ROSA/AFP via Getty Images via Getty Images

LVMH explores sale of its 50% stake in Rihanna-backed Fenty Beauty, sources say

78% Center coverage: 9 sources

Luxury goods giant LVMH is exploring a sale of its 50% stake in Fenty Beauty, which it co-owns with Grammy Award-winning singer and entrepreneur Rihanna, according to four people familiar with the matter.See the Story

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