Pakistan, Oct. 22 -- Rihanna lost a whopping 36 million dollars from a failed fashion venture with Louis Vuitton, as per accounts for her British company Denim UK Holdings.
The 37-year-old American singer launched her clothing range Fenty, in 2019 in collaboration with the luxury French brand, but it flopped and closed down in 2021 due to the pandemic.
Reports at that time stated that due to travel restrictions during COVID, Rihanna couldn't see the atelier in Paris or get to the Italian fashion houses making the products. When she launched the venture, it was revealed that Rihanna had ploughed in 34.86 million dollars while Louis Vuitton's parent company LVMH put in 34.88 million dollars. The French-based business had the trade name of...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.