Rihanna’s Savage X Fenty lingerie brand has landed a reported $50 million in new funding, “bringing the total amount invested in the company to roughly $70 million,” according to the Wall Street Journal. Savage X Fenty – which is a joint venture between the singer-slash-budding retail mogul’s brand and Techstyle, the retail group that owns Kate Hudson’s Fabletics and ShoeDazzle, debuted to much fanfare in May 2018, and in just over a year has been able to steal market share from established names like on Victoria’s Secret with its modern offerings, including a wide range of sizes.
Boss Lady Fundraising Haul for Rihanna's Savage X Fenty — Anne of Carversville
Top Lawyers in Hollywood: Variety Legal Impact Report 2023
Rihanna steps down as CEO of lingerie brand Savage X Fenty
Savage x Fenty inks $50 million in new funding round
Savage X Fenty Reaches Billion Dollar Valuation
Does Rihanna Own Fenty? CEO Status, Resignation, Update
Savage x Fenty to Raise $100 Million USD in Funding
The Worthy 100 - Worth
50 Consumer Startups That Raised Millions in Venture Funding