LVMH bets $60m on Korean pop

Published: 9-Sep-2014
Finance

LVMH’s private equity arm is on the cusp of a US$60m investment in Seoul-based YG Entertainment.

You need to be a subscriber to read this article.
Click here to find out more.
LVMH bets $60m on Korean pop

LVMH’s private equity arm is on the cusp of a US$60m investment in Seoul-based YG Entertainment, the company responsible for fronting South Korean Gangnam Style rapper Psy (below, right) and other musicians.

Not yet a Subscriber?

This is a small extract of the full article which is available ONLY to premium content subscribers. Click below to get premium content on Cosmetics Business.

Subscribe now Already a subscriber? Sign in here.
See more

You may also like

Finance
LVMH’s Arnault family takes steps to simplify corporate structures to consolidate control

LVMH’s Arnault family takes steps to simplify corporate structures to consolidate control

Read more
LVMH has contacted Christian Dior’s board of directors with a proposal to merge Agache, its apex holding company, into Christian Dior

Trending Articles

  1. You need to be a subscriber to read this article.
    Click here to find out more.
    Estée Lauder Companies CEO Stéphane de La Faverie's 2026 salary revealed Beauty giant Estée Lauder Companies (ELC) has revealed the 2026 pay packages for its executive suite, including ELC CEO Stéphane de La Faverie and Akhil Shrivastava, ELC’S Executive VP and CFO
  2. Vyrao acquired by Tresalis, names founder Yasmin Sewell Chief Brand Officer Wellbeing fragrance brand Vyrao’s acquisition by newly established health and beauty platform Tresalis will see founder Yasmin Sewell step into a new role as Chief Brand Officer
  3. You need to be a subscriber to read this article.
    Click here to find out more.
    Estée Lauder Companies’ UK boss eyes ‘levers of growth’ and TikTok Shop after global turnaround Pernilla Nyberg, Senior VP and GM of Estée Lauder Companies UK & Ireland, tells Cosmetics Business how the beauty business’ global ‘Beauty Reimagined’ strategy has ignited “multiple levers of growth” and the opportunities of TikTok Shop
  4. Sephora partners with M&S to launch new UK beauty destination, Sephora at M&S The LVMH-owned beauty retailer is teaming up with the British supermarket chain to open a new beauty destination, Sephora at M&S, in 2027, which will merge Sephora’s expertise and brand relationships with Marks & Spencer's (M&S) national presence and omnichannel platform
  5. Armani stake sale inches closer as L’Oréal and LVMH talks reported to begin The sale of a 15% stake in the Armani Group within 18 months of founder Giorgio Armani’s death was set out in the fashion designer’s will, with L’Oréal and LVMH named among the preferred buyers

Upcoming event

Brand Licensing Europe 2026

6 - 8 October 2026 | London See all

You may also like

Finance
LVMH’s Arnault family takes steps to simplify corporate structures to consolidate control

LVMH’s Arnault family takes steps to simplify corporate structures to consolidate control

LVMH has contacted Christian Dior’s board of directors with a proposal to merge Agache, its apex holding company, into Christian Dior
Finance
L’Oréal usurps LVMH to become one of France’s most valuable listed company

L’Oréal usurps LVMH to become one of France’s most valuable listed company

French beauty giant L’Oréal has achieved a market capitalisation of around €203bn and is the first non-luxury company to claim a top spot on Euronext Paris since 2017
Finance
LVMH CEO Bernard Arnault falls out of world’s top 10 richest list amid luxury slowdown

LVMH CEO Bernard Arnault falls out of world’s top 10 richest list amid luxury slowdown

The billionaire Chairman and CEO of luxury giant LVMH no longer sits in the top ten richest people as technology moguls take over, according to the Bloomberg Billionaires Index. This is the first time Arnault has sat outside the top ten since 2017
Finance
LVMH-backed L Catterton sells supplement brand Thorne to P&G in $3.8 billion deal

LVMH-backed L Catterton sells supplement brand Thorne to P&G in $3.8 billion deal

Thorne, founded in 1984 and which sells supplements such as magnesium and omega-3, originally received investment from L Catterton in 2023
Fragrance
LVMH Fragrance Brands names Yann Musquin Managing Director

LVMH Fragrance Brands names Yann Musquin Managing Director

Yann Musquin joins LVMH as Brand Managing Director of LVMH Fragrance Brands, leading the strategic vision for the luxury goods group's fragrance division
Finance
Sephora to Olive Young: Beauty’s big retailers are partying their way into new markets

Sephora to Olive Young: Beauty’s big retailers are partying their way into new markets

Opinion: With Sephora bringing its Sephoria experience to the UK as it ramps up its presence in the region, and Olivie Young launching its K-beauty party event in the US as it tries to crack America, consultant Hannah Belsham explores how beauty festivals have become a powerful market entry amplifier
Colour Cosmetics
MarcyPen Capital Partners reportedly in talks to buy LVMH’s stake in Fenty Beauty

MarcyPen Capital Partners reportedly in talks to buy LVMH’s stake in Fenty Beauty

The investment firm co-founded by rapper Jay Z is allegedly one of the firms exploring a potential purchase of LVMH’s 50% stake in singer Rihanna’s cosmetics empire, Fenty Beauty
Subscribe now