Billionaire Jay-Z's firm nears deal to buy LVMH's half of Rihanna's Fenty Beauty
MarcyPen Capital Partners, co-founded by Jay-Z, could sign a deal within weeks to buy LVMH's 50% stake in Rihanna's Fenty Beauty,
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MarcyPen Capital Partners, co-founded by Jay-Z, could sign a deal within weeks to buy LVMH's 50% stake in Rihanna's Fenty Beauty,
Rihanna's Fenty Beauty has opened its first Australian concept store inside Myer Melbourne, marking the brand's fourth concept store globally and its deepest retail push yet into the Australian market.
Jay-Z's MarcyPen Capital Partners is actively pursuing LVMH's 50% stake in Rihanna's Fenty Beauty in a deal that could value the brand at up to $2 billion.
Jay-Z's MarcyPen Capital Partners has emerged as the leading contender to acquire LVMH's 50% stake in Rihanna's Fenty Beauty, valued at between $1 billion and $2 billion.
Rihanna's 50/50 joint venture with LVMH turned Fenty Beauty into a billion-dollar asset. Her entire 20-year music career, by comparison, generated an estimated $100-200 million in total earnings.
LVMH is exploring the sale of its 50% stake in Rihanna's Fenty Beauty, valued by JPMorgan at up to $2.5 billion, as the luxury group resets its portfolio amid falling demand.
Rihanna has formally launched Fenty Beauty in India through Reliance Retail, staging a cultural pop-up in Mumbai and meeting the Ambani family.
Rihanna has launched Fenty Beauty in India with a Mumbai pop-up and a private visit to the Ambani family at Antilia, deepening the brand's push into one of the world's fastest-growing beauty markets.
Rihanna has been named the 2026 Edison Achievement Award winner, becoming the first woman of color to receive the honor in the award's nearly 40-year history.
Rihanna's Fenty Beauty has officially launched in Guyana through local retailer Glamour Beauty, adding another Caribbean territory to the brand's growing regional presence.
Rihanna’s Fenty Beauty could see LVMH sell its 50 percent stake in a deal valuing the brand at $2 billion, reflecting shifts in the celebrity beauty market.
Rihanna’s fortune slips from $1.4 billion to $1 billion as Fenty brands face slowing sales, cost pressures, and global beauty market fatigue.
The launch drew a crowd of beauty lovers eager to explore the brand’s offerings, which include Fenty Beauty, Fenty Skin, and Fenty Eau de Parfum.
In a strategic move to solidify Fenty Beauty’s global dominance, Rihanna expanded the brand into China last month — her net worth sits at $1.4 billion according to Forbes
The decision to expand into China follows its recent entry into the Indian market, underscoring Rihanna’s ambition to build a global beauty empire.