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Rihanna’s Savage X Fenty brand is now worth $1billion


Teletubby

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Teletubby

Rihanna’s lingerie brand Savage X Fenty is now worth $1billion, it has been reported.

The pop star launched the line in 2018. It is one of several businesses started by the singer, including her Fenty clothing line, makeup range Fenty Beauty and skincare line Fenty Skin.

A round of Series B funding was recently completed for Savage X Fenty, raising $115million. The money will support the company’s growth and further expansion into retail. One of the investors to put money into the brand during the funding round was L Catterton, a private equity firm that fashion house LVMH has a stake in.

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"You b*tch!" ~ Rat Boy
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numb the flame
Just now, Midnightrush891 said:

Great, and now we have another reason why R9 won’t ever come out. 

to be honest, if we just don't expect anything anymore then we can't be disappointed if R9 doesn't come out for another 200,000 years. 

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