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.
Forbes placed Beyoncé and Rihanna at exactly $1 billion each on the same list, raising serious questions about whether billionaire status is journalism or a traffic strategy.
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.
Billionaire mogul Rihanna has ended her revived Fenty x Puma partnership after three years, leaving her a sneaker free agent amid growing Nike sightings.
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 become the first woman in music history to surpass 200 million RIAA singles certifications, a record set without releasing a new album in a decade.
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 lost $34.8 million from her Fenty fashion line with LVMH, which also lost $34.9 million before shutting down the label.
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 net worth falls 41 percent since May 2022, dropping from $1.7 billion to $1 billion amid challenges in her business ventures.