BOSS MOVES: Rihanna becomes first Black woman to land her own fashion house under iconic Louis Vuitton brand
Robin Rihanna Fenty, 31 is the first woman and POC to land her own fashion brand in a partnership with Louis Vuitton Moet Hennessy (LVMH): "Fenty Maison." Fenty Beauty and her influence as a Hip Hop/ Pop/ R&B artist as we as he business savvy impressed the top brand in the luxury fashion and accessories sector because of her proven track record. The LVMH conglomerate consists of Louis Vuitton, Dior, Givenchy, Bulgari etc. Her Fenty beauty, which brought in over $500 million last year, is also under LVMH. Rihanna said in a statement that Bernard Arnault, the chairman and CEO of LVMH gave her no artistic limits in creating her own fashion house. A release date has not been announced. Top 5 Luxury Brands Worldwide Louis Vuitton - $28.6 billion Chanel - $20 billion Hermes - $16.4 billion Gucci - $12.9 billion Cartier - $7.7 billion (Source: Interbrand)