Jay-Z’s MarcyPen Capital Partners is reportedly in talks to buy LVMH’s 50% stake in Fenty Beauty, Rihanna’s cosmetics brand. The potential deal would represent an exit for LVMH from one of its most high profile beauty partnerships. Any agreement could reshape LVMH’s beauty portfolio and draw attention to how the group approaches celebrity led brands. LVMH Moët Hennessy – Louis Vuitton Société Européenne (ENXTPA:MC) is in focus as investors weigh what a possible Fenty Beauty exit might mean…
Chic Items for a Creative Office
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