That makes it the second most followed brand in LVMH's 12 perfume and cosmetics houses after … She's more the face of the brand. Her Fenty Beauty products racked up sales north of $100 million in a matter of weeks, and was hailed as a transformative brand. While Fenty has just 1 million followers, Savage X Fenty has 3.9 million and Fenty Beauty has a whopping 10.5 million followers. Rihanna has not yet commented on the closing of her fashion house, but she has continued to keep a focus on her groundbreaking Fenty Beauty brand. According to sources, a skeleton staff remains at the Paris headquarters of Fenty fashions to wind down remaining operations. I discovered Clarisonic through the beauty influencer community (though I’d never tried it, I’m more of a Magnitone girl) but I was surprised to hear this news because the brand was a big player in the skincare devices market. The Ultimate Beauty Destination, with the biggest brands in luxury skincare, haircare and beauty. However, the Savage X Fenty lingerie line will continue, as will cosmetics lines Fenty Beauty … close. LVMH and Rihanna — born Robyn Rihanna Fenty — are expected to focus their efforts on the musician’s other ventures, including her namesake beauty line and Savage x Fenty lingerie label. The move follows an incident involving the singer SZA at a Sephora store in Calabasas, Calif., on April 30. Rihanna and LVMH recently announced that they’re closing down her luxury fashion brand, Fenty. Fenty operated outside of the traditional luxury fashion calendar, adopting the “see now, buy now” model. With 1 million Instagram followers, Fenty has amassed a large fan base within its short lifespan, but according to fashion analysts, “the Fenty label's prices were too steep for most of them.”. In this video makeup tutorial, Rihanna gets real about more-is-more beauty with a little help from Fenty. Some "collab houses" are closing their doors Rihanna announced at a launch party earlier this month that her cosmetics brand, Fenty Beauty, which has over 400,000 followers on TikTok , … It hired Virgil Abloh as artistic director of Louis Vuitton men’s wear, and set up Rihanna in her own brand, Fenty. Closing down kbeauty business, need help clearing stock. ... Top that off with a global pandemic, and it's not surprising to see the brand is closing down. If anyone knows about glowing skin, it’s Rihanna! Rihanna’s success in her Fenty Beauty, Fenty Skin and Savage X Fenty brands is proof that it isn’t just the celebrity name that doomed the Fenty fashion line, though the star now joins the ranks of Gwen Stefani, Jennifer Lopez and Beyoncé, who enjoyed initial success and then struggled — even shuttered — their own brands. After launching two years ago in partnership with French luxury conglomerate LVMH, Rihanna’s Fenty fashion line is closing its doors. 3 global streamer behind Netflix, Disney+ It's here! 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. On the same day that Fenty hit pause, it was also announced that Savage X Fenty received $115 million in fundraising from L. Catterton, a private-equity firm connected to LVMH. Victoria’s Secret’s worst month in 2020 was Savage X Fenty’s best: in April, the former’s sales were down 63 percent, while the latter’s were up 218 percent, according to data from Second Measure, which also tracks US direct-to-consumer sales. But there is some good news: Her lingerie and beauty businesses are solid. The Instagram account for Fenty fashion had 1 million followers versus 3.9 million for Savage x Fenty by Rihanna and 10.5 million for Fenty Beauty by Rihanna. While she hasn’t released an album in five years, Rihanna has been focusing her attention on other business ventures, such as her booming cosmetics line Fenty Beauty, its skincare brand Fenty Skin, and of course her Savage X Fenty lingerie firm. In an inclusive range of 50 shades, Fenty Beauty foundation delivers buildable medium to full coverage, with an ultra lightweight texture that diffuses the look of pores while letting skin look like skin. ... a skeleton staff remains at the Paris headquarters of Fenty fashions to wind down remaining operations. But Becca's mark on the beauty industry and my makeup routine won't be forgotten. Instead, theyre going to focus on her money-makers: Fenty Beauty and Fenty Skin. The Badgal Instead of presenting four major collections a year, collections dropped every few months and were available for purchase immediately. According to Forbes, Rihanna owns a 15 percent stake in Fenty Beauty while LVMH owns 50 percent. People. As she prepares to launch Fenty, the fashion line she has created in partnership with LVMH 2 — the first luxury fashion house the conglomerate has created from scratch (which will … When it comes to inclusiveness, Rihanna has been at the forefront for a while. Rihanna, LVMH Are Closing the Fenty Fashion House. After months of buzz, Rihanna has finally released her make-up line, Fenty Beauty. Rihanna clearly wants her Fenty line to be the new Victoria’s Secret, and she made her intentions clear with an inclusive, uplifting, celebrity-packed Amazon-streaming runway show. The French luxury group confirmed the news to WWD in a statement on Wednesday, saying: “Rihanna and LVMH have jointly made the decision to put on hold the RTW [ready-to-wear] activity, based in Europe, pending better conditions.”. The Beauty Junkee ... Clarisonic, one of the first brands that launched the idea of using automatic skin care tools, will shut down the brand and its operations on September 30, 2020. Kat Von D will no longer be involved with her eponymous makeup brand, the company announced Thursday. Just recently, Forbes published a report which detailed a fundraising round for the Fenty brand, the program which had reportedly raised a $115 million dollars… The music star and the French luxury giant have mutually agreed to put the Fenty maison on hold, less than two years after the launch. Rihanna’s Savage x Fenty get a $115 million fundraising. But thankfully, the business women’s other ventures such as Fenty Beauty, Fenty Skin and Savage X Fenty are all safe and more focus will be on these in coming months, with an expansion of Savage X Fenty in the works. The only foundation that has worked better on my skin is BareMinerals Pro Foundation the only reason why I say this beats out Fenty beauty is that your makeup will stay place and it won't go into any frown lines for the next 8 to 10 hours if not more and … Clarisonic is going out of business and is having a closing down sale. LVMH continues to support Fenty Skin, Fenty Beauty, and her highly coveted lingerie line, Savage x Fenty, along with private equity investor L Catterton, which raised investment funds of $115 million for the lingerie line under RiRi’s Fenty umbrella of brands.
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