LVMH CLOSES RIHANNA'S 'FENTY' LINE
Apparently that Rihanna reign sometimes does let up. LVMH have announced overnight that they are suspending Rihanna’s Fenty luxury fashion line, less than two years since it was founded. Fenty was the first brand LVMH had been involved in creating from the beginning, since 1987 with Christian Lacroix. Rihanna was also the first Black woman to lead a Parisian luxury fashion house. The last Fenty collection was dropped in November last year, a collaboration with Amina Muaddi. The e-commerce site is set to be taken down by the end of February.
In better news, today it was announced that Rihanna’s Savage x Fenty lingerie that dominates our feeds has completed a $115 million Series B fundraising round to support the brand’s massive growth, led by the Growth Fund of L Catterton. We love to hear it. And Fenty items are officially collectors items!
Photography by Kristin-Lee Moolman for T Magazine.