Congratulations are in order to Rihanna’s underwear, which is now worth $1 billion — and by Rihanna’s underwear, I of course mean the musician’s explosively popular Savage X Fenty lingerie line.
As reported by Forbes , the lingerie line, launched in 2018 and widely celebrated for its inclusive sizing and branding, has reached a $1 billion valuation following a round of Series B funding led by private equity firm L Catterton that raised $115 million for the brand’s forthcoming retail and activewear expansion.
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Rihanna's Savage X Fenty lingerie brand is now worth $1B
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Since 2018 launch, Rihanna's lingerie brand now worth $1 billion - New York Daily News
After making history with her landmark fashion deal , Rihanna is at the helm of another billion-dollar business.
The pop superstar-turned-mogul's Savage x Fenty lingerie line now has a valuation of $1 billion.
According to a Forbes report, the "Diamonds" singer enjoyed a boost from private equity firm L Catterton, which helped the Savage x Fenty brand raise $115 million in Series B funding as the brand focuses on expanding sales beyond the online market and into physical stores. A line of athletic wear is also reportedly in the works.
Anurag Kashyap's daughter Aaliyah cried after being trolled for lingerie photos | Hindustan Times
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Aaliyah said that while she was initially 'crying constantly', she realised that she should not get so affected by trolls hiding behind the veil of anonymity. "I just realised that it doesn't matter because these are people hiding behind their phones and have nothing better to do. I honestly just block everyone. If there is anything even remotely negative on any of my social media, I just block them because I want my social media to be a positive place," she said.
Happening on Twitter
É a patroa! De acordo com a Forbes, a marca "Savage X Fenty" de Rihanna atingiu 1 BILHÃO de dólares de valor no mer… https://t.co/dtJN08973k PortalTracklist (from Brasil) Wed Feb 17 16:36:22 +0000 2021
Rihanna can take a bow, pour it up & celebrate however she'd like since her Savage x Fenty lingerie brand is worth… https://t.co/b9IrD887Gy billboard Thu Feb 18 13:00:14 +0000 2021
Rihanna's Savage X Fenty Lingerie Brand Has Been Valued at $1 Billion https://t.co/11UE2zv4vp people Wed Feb 17 21:40:33 +0000 2021
According to @forbes, Rihanna's Savage X Fenty is worth $1 billion!💴👏🏾 (📸:@GettyImages) https://t.co/UxIqO4x0C5 TheShadeRoom Wed Feb 17 04:38:41 +0000 2021
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