LVMH is reportedly considering selling parts of its business, including the Marc Jacobs fashion brand and its stake in Rihanna’s Fenty Beauty, as demand for luxury goods weakens. Multiple outlets report that the French conglomerate is weighing a broader portfolio review and possible asset sales across categories such as fashion, beauty, and drinks. The Financial Times says LVMH has considered trimming its luxury empire, with potential transactions involving Marc Jacobs, its ownership interest in Fenty Beauty, and a stake related to US wine through Joseph Phelps. Channel NewsAsia describes the move as a rare retrenchment for LVMH under the Bernard Arnault-led group. Retail Gazette similarly frames the discussions as an effort to sharpen focus while navigating a sector slowdown. The reports do not specify timing, valuation, or whether any deals are likely to proceed, and they indicate the company is exploring options rather than announcing commitments. Overall, the coverage aligns that LVMH is evaluating major divestments to respond to softer luxury-market conditions.