Skip to content

How to Buy Fenty Stock | IPO and Valuation 2024

How to Buy Fenty Stock | IPO and Valuation 2024
Bogdan Stojkov

Summary: For those wondering how to buy Fenty stock, we have to disappoint you. It’s currently not possible to do so since Fenty isn’t a publicly traded company. However, you can still invest in its parent organization, the luxury brand conglomerate LVMH (PAR: MC.PA) with a reputable brokerage platform, such as our go-to option, eToro.

Highly Rated Stock Trading & Investing Platform

  • Invest in 2,800+ stocks and other assets including 70+ cryptocurrencies and commodities.

  • 0% commission on buying stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.

  • Copy top-performing traders in real time, automatically.

  • eToro USA is registered with FINRA for securities trading.

30+ million Users
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. eToro USA LLC does not offer CFDs, only real Crypto assets available. Don’t invest unless you’re prepared to lose all the money you invest.

About Fenty

Fenty homepage. Source: fentybeauty.com

Fenty is a brand that emerged from the creative mind of Rihanna, a global music icon and entrepreneur. Launched in 2017, Fenty Beauty revolutionized the cosmetics industry by offering an inclusive range of products that cater to all skin tones. 

The brand’s success continued with the launch of Savage X Fenty, a lingerie line that also emphasizes inclusivity and body positivity. Fenty’s innovative approach and commitment to diversity have earned it a dedicated following and significant market presence.

Fenty IPO

An initial public offering (IPO) marks the first time a company’s stock becomes available for public purchase.

As of now, Fenty remains a private company. This means that you can’t buy its stock on the public market because it hasn’t gone through an IPO. Still, while Fenty hasn’t announced any official plans for going public yet, its immense popularity and the financial success of its products make it a strong candidate for a future public offering that’s bound to occur.

How to buy Fenty stock: Step-by-step

Though you cannot buy Fenty stock directly at this moment, you can invest in LVMH, which owns 50% of Fenty Beauty. To do so, follow our step-by-step guide below.

Step 1: Choose the right broker

The first step in buying stocks is to choose a reputable brokerage firm that offers access to the stock market. There are many online brokers available, each with its own set of features, fees, and trading platforms. Nevertheless, our go-to option for buying stocks is eToro, a popular platform with a host of solid features, such as:

  • Commission-free stock trading;
  • Access to over 2,000 stocks from 17 different exchanges;
  • The option to purchase fractional shares;
  • Charting tools;
  • A user-friendly platform that simplifies the trading experience.

Highly Rated Stock Trading & Investing Platform

  • Invest in 2,800+ stocks and other assets including 70+ cryptocurrencies and commodities.

  • 0% commission on buying stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.

  • Copy top-performing traders in real time, automatically.

  • eToro USA is registered with FINRA for securities trading.

30+ million Users
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. eToro USA LLC does not offer CFDs, only real Crypto assets available. Don’t invest unless you’re prepared to lose all the money you invest.

Step 2: Fund your account

Once you choose a broker and open an account, the next step will be to fund it. Here’s how you can do it:

  • Link your bank account: Connect your bank account to transfer funds directly;
  • Wire transfer: Some brokers allow wire transfers, which are typically faster but may incur fees;
  • Check deposit: You can also fund your account by mailing a check to your broker.

Make sure your account has enough funds to cover the stock purchase and any associated fees.

Step 3: Place your order

With a funded account, you’ll be ready to place your order. Here’s a step-by-step guide:

  • Log in to your account: Access your brokerage account through their website or mobile app;
  • Search for the stock: Enter the ticker symbol of the stock you want to buy. For example, for LVHM, enter MC.PA;
  • Choose the order type: There are several order types, but the most common are market orders and limit orders;
  • Market order: Buys the stock at the current market price;
  • Limit order: Sets a maximum price you are willing to pay. The order executes only if the stock reaches that price;
  • Enter the quantity: Specify how many shares you want to buy;
  • Review and confirm: Double-check the details of your order and confirm the purchase.

LVMH stock price today

As of March 20, 2024, LVMH’s stock price is at €780.90, showing a significant uptick of €57.90.

Pros and cons of buying LVMH stock

Pros

Pros

  • Strong brand portfolio: Includes Louis Vuitton, Dior, and more;
  • Market leadership: Largest luxury goods company globally;
  • Diversification: A wide range of products reduces risk;
  • Financial performance: Consistent revenue growth and profitability;
  • Global presence: Significant operations in Europe, Asia, and the Americas;
  • Innovation and marketing: Continuous investment in new products and campaigns;
  • Resilience during economic downturns: Luxury brands often perform well even in tough economic times.
Cons

Cons

  • Market volatility: Luxury market influenced by global economic conditions;
  • High valuation: Premium valuation limits potential appreciation;
  • Competition: Intense competition from other luxury brands;
  • Regulatory risks: Exposure to varying international regulations;
  • Exposure to fashion trends: Must stay ahead of changing consumer preferences;
  • Dependence on key markets: Heavy reliance on markets like China and the US;
  • Environmental and social concerns: Increasing scrutiny over sustainable practices.

Common mistakes to avoid when buying stocks

Aside from failing to thoroughly research a company before investing, which can lead to poor investment decisions, you should also be wary of these common mistakes:

  • Emotional trading: Making investment decisions based on emotions rather than analysis can result in losses;
  • Ignoring diversification: Putting all your money in one stock increases risk. Diversify your portfolio to spread risk;
  • Timing the market: Trying to predict market movements can be challenging and often leads to missed opportunities;
  • Overlooking fees: High fees and commissions can eat into your profits. Be mindful of the costs associated with trading.

Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.

FAQs about how to buy Fenty stock

Who owns Fenty company?

Fenty is owned by Robyn Rihanna Fenty (50%) and LVMH (50%).

Is Fenty private or public?

Fenty is currently a private company. You can’t buy its stock on the public market until it goes through an initial public offering (IPO).

How can I stay updated on Fenty's potential IPO?

You can follow financial news, subscribe to market alerts from your broker, and keep an eye on announcements from Fenty and its parent company, LVMH.

What should I do if I want to invest in the fashion industry?

Research publicly traded fashion and beauty companies, analyze their performance, and consider investing in those that align with your goals.

What is the minimum amount needed to start investing in stocks?

The minimum amount varies by broker, but many allow you to start with as little as $1. However, consider starting with enough capital to diversify your investments.

Are fashion stocks a good long-term investment?

Fashion stocks can be good long-term investments if you choose companies with strong brands, solid financials, and a history of innovation. However, always consider the risks and market volatility.

Highly Rated Stock Trading & Investing Platform

  • Invest in 2,800+ stocks and other assets including 70+ cryptocurrencies and commodities.

  • 0% commission on buying stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.

  • Copy top-performing traders in real time, automatically.

  • eToro USA is registered with FINRA for securities trading.

30+ million Users
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. eToro USA LLC does not offer CFDs, only real Crypto assets available. Don’t invest unless you’re prepared to lose all the money you invest.

Weekly Finance Digest

By subscribing you agree with Finbold T&C’s & Privacy Policy

Related guides

Contents