LVMH considers selling Marc Jacobs and exiting Fenty Beauty
LVMH could sell Marc Jacobs and its stake in Fenty Beauty amid a slowdown in the luxury sector, focusing instead on more profitable brands.
LVMH could sell Marc Jacobs and its stake in Fenty Beauty amid a slowdown in the luxury sector, focusing instead on more profitable brands.
Its formula contains soothing ingredients, such as cucumber extract, which help to maintain hydration and prevent irritation, even on sensitive skin.
LVMH is reportedly exploring the sale of 50% of Fenty Beauty, its cosmetics brand co-owned with Rihanna, amid a slowdown in the luxury sector and a decline in the beauty business.
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