Rihanna has just announced that she will step down as CEO of lingerie brand Savage X Fenty after five years in the position.
“It’s been great to see our vision of Savage X Fenty impact the industry at such an incredible level in five years,” the 35-year-old singer told Vogue Business in a statement on Thursday. via”.
“This is just the beginning for us, and we will continue to expand in ways that stay connected to consumers.”
Rihanna has chosen Hillary Super, former global CEO of Anthropologie Group, to succeed her starting June 26. Commenting on her new position, Hillary said: “I’m so excited to join the family.” Savage X Fenty. This brand is a major force in the lingerie and apparel industry…”.
Although she steps down as CEO, Rihanna will continue to lead the brand as executive chairman.
Savage X Fenty was launched in 2018, attracting consumers with a variety of colors and sizes.
“For me, it’s important to push boundaries but also create a style where women can see themselves,” Rihanna said about her fashion line in a press release in September. 5, 2018 – “I want to make people look and feel good, and have fun playing with different styles.”
Three years after its founding, Forbes reports that Rihanna’s lingerie company has reached a $1 billion valuation.
Not only has Rihanna made a lot of money with Savage .
Besides business, Rihanna is preparing to expand her family. She and her boyfriend Rocky are currently sparking marriage rumors and will soon become parents for the second time. The couple welcomed their first son Rza in May 2022.
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