Rihanna’s Savage x Fenty Lingerie Brand Is Now Worth $1 Billion
February 19, 2021 4:23AM EST
You may be waiting a while for new music from Rihanna. Why? She’s doing pretty well in her other businesses.
Rihanna’s product lines under her Fenty brand have been extremely successful! Her lingerie brand alone is sitting squarely at the center of business and culture in the $13.1 billion U.S. women’s underwear industry.
The lingerie brand posted revenue growth of more than 200% last year, and in fact, Savage X Fenty has been doing so well that it has now reached an impressive milestone: The company is now officially worth $1 billion!
We have a feeling we’ll be waiting for R9 for a while!