Rihanna’s Savage x Fenty Lingerie Line is Worth $1 Billion

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Rihanna's Savage x Fenty Lingerie Line is Worth $1 Billion

Forbes reports that Rihanna’s Savage x Fenty lingerie line is now worth $1 billion.

The line saw a 200% revenue increase and “increased its active VIP member base by more than 150%,” according to a statement from the company.

“Following the completion of the fundraising round where L Catterton took a stake in Savage X Fenty, LVMH and Rihanna reaffirmed their ambition to concentrate on the growth and the long-term development of Fenty ecosystem focusing on cosmetics, skincare, and lingerie,” Rihanna and LVMH said in a joint statement to WWD.

Rihanna debuted Fenty x Savage in May 2018, since then we’ve seen our favorite celebrities and entertainers sporting the racy garments.

Riri deserves all the praise for building her beauty and fashion empire.

The post Rihanna’s Savage x Fenty Lingerie Line is Worth $1 Billion appeared first on The Source.

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