Huge news for Rihanna! On Tuesday (February 17), Forbes reported that the 32-year-old entertainer’s Savage X Fenty lingerie brand is now worth $1 billion. Rihanna‘s “brand has proven that diversity and inclusion in sizing, access, and marketing can lead to an even greater goal, equity in feeling sexy,” Forbes writes. Rihanna‘s company, which she launched in 2018, recorded revenue growth of more than 200% last year.
It also “increased its active VIP member base by more than 150%,” Savage X Fenty said in a statement to WWD. Also, Savage X Fenty recently “completed a $115 million Series B fundraising round” led by L Catterton, which is the largest global consumer-focused private equity firm, to “support the company’s rapid growth and upcoming
Read more on justjared.com
Get the latest stars news and celebrity rumours with exclusive stories, photos, videos and interviews.
Breaking up, scandals, engagements, divorces, gossip – all you need to know about the private lives of your favorite celebs.
Get to know the latest showbiz news along with exclusive interviews and even more. All this is waiting for you on the main page 24 hours a day, 7 days a week! Who, where, when, with whom, how, why and for what!? Stay tuned to know first!
Just follow us daily and we will provide you with the current news from the life of famous stars and celebrities.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.