Jay-Z-backed MarcyPen Capital Partners is the leading candidate to purchase Louis Vuitton Moët Hennessy’s (LVMH) 50% stake in Fenty Beauty. The acquisition would make Marcy Pen a co-owner of the beauty brand alongside Rihanna, according to Global Cosmetics News. MarcyPen eyeing up Fenty Beauty LVMH has allegedly kept investment bank Evercore to explore options for its ownership stake in Fenty Beauty. The beauty brand generated around S$450 million in net sales in 2024, with a valuation between US$1 billion and US$2 billion. MarcyPen, who currently manages around S$1.1 billion in
Fenty Beauty has launched Rose Amber,” an AI-powered beauty advisor built for WhatsApp, as reported by Glossy. Users can get reviews, product recommendations, and tutorials through the chat. This marks the brand’s first partnership with Meta in the US. “We’ve always wanted to partner with Meta more deeply,” Nanette Wong, global VP of marketing and communications at Fenty, told Glossy. “WhatsApp is so widely used all over the world, and our community and accessibility are important to us. So, we’re always thinking of new ways to connect with them.” What
