Summary • LVMH is exploring the sale of its 50% stake in Rihanna's Fenty Beauty brand, which could be valued between $1 billion and $2 billion USD • The potential sale is part of LVMH's strategic shift to streamline its portfolio and follows the sale of Kering’s beauty division to L’Oréal • Fenty Beauty, launched in 2017, is one of the most successful celebrity-led beauty ventures, known for its focus on inclusivity

Luxury conglomerate LVMH is reportedly exploring the sale of its 50% stake in the highly successful cosmetics brand Fenty Beauty, which it co-founded with global superstar Rihanna. LVMH has enlisted investment bank Evercore to advise on the potential transaction, with Reuters reporting that sources estimating the brand’s valuation could land between $1 billion USD and $2

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