22 Oct 2025 | 3 Mins Read
LVMH to sell Fenty Beauty stake
Flipitmoney
LVMH is exploring a sale of its 50% stake in Fenty Beauty, co-owned with Rihanna, through investment bank Evercore. The company reportedly generated $450 million in net sales in 2022, and could be valued between $1 billion and $2 billion if sold. Fenty Beauty offers products catering to diverse skin tones and types.