Beyoncé launched SirDavis American Whisky in 2024 with Moët Hennessy as her partner. Made sense at the time. Pair a celebrity with that kind of cultural pull to LVMH’s distribution machine, and you’ve got shelf space most new brands would…
MarcyPen Capital Partners, the investment firm co-founded by Shawn “JAY-Z” Carter, is leading the charge to acquire LVMH’s 50% stake in Rihanna’s Fenty Beauty. If this deal goes through, it would hand ownership of the globally influential cosmetics brand to…
LVMH is exploring a sale of its 50% holding in Fenty Beauty, the cosmetics brand it co-founded with Rihanna in 2017, according to people familiar with the matter. The luxury group has tapped investment bank Evercore to gauge interest in…
