Rihanna Loses $36 Million After Luxury Fashion Venture Fails
October 23, 2025
2:29 am
Singer and entrepreneur Rihanna reportedly lost $36 million from her high-end fashion label Fenty, launched with Louis Vuitton’s parent group LVMH in 2019.
Rihanna has reportedly lost $36 million following the collapse of her luxury fashion line, Fenty, a collaboration with French fashion giant Louis Vuitton Moët Hennessy (LVMH).
According to recently filed accounts for her British company, Denim UK Holdings, the Barbados-born music star and entrepreneur invested nearly €30 million ($34.86 million) into the brand, which launched in 2019 as part of an ambitious push into high-end fashion. LVMH, the world’s largest luxury goods conglomerate, matched her investment with …
