Louis Vuitton owner LVMH and music star Rihanna have agreed to suspend her fashion line Fenty less than two years after its launch, the French luxury goods giant said on Wednesday. Fenty Skin had sales of $30 million in under four months on its e-store, WWD reports. Fenty Skin has 800,000 followers. Fenty - named after the 'Umbrella' hitmaker's full name, Robyn Rihanna Fenty - was meant to build on the singer's joint cosmetics venture with LVMH, with a full range of clothing, shoes and accessories. Pauline Rigby, head of corporate law at Forbes Solicitors, had said of the launch of Fenty Skin that it 'could easily push Rihanna’s personal net worth beyond billionaire status'.
Source: Daily Mail February 10, 2021 15:55 UTC