Rihanna Steps Away From Top Role At Savage X Fenty Lingerie Brand
deadline.comRihanna has released a statement, announcing she will be stepping down from her role of chief executive at Savage X Fenty, the lucrative lingerie brand she founded five years ago.
The pop star and beauty business mogul – imminently to give birth to her second child – will shift to the role of executive chair from June 26th.
The brand has been heralded for its focus on diversity and appeal to women of a wide range of body types and skin tones. Its success follows the launch of Rihanna’s beauty range – these businesses plus her music are estimated to have netted the superstar a cool $1.4bn in net worth, according to The Guardian.
Rihanna confirmed the news, saying: “It’s been beautiful to see our vision for Savage X Fenty impact the industry at such an incredible magnitude over the last five years.
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