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Rihanna’s Savage x Fenty Lingerie Brand Explores Public Offering: Report

She’s eyeing her third billion-dollar business
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2 years ago

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Savage x Fenty is reportedly considering a public offering to fund its expansion, according to Pymnts, which cites a Bloomberg report.

Unnamed sources say Rihanna’s lingerie brand is currently talking to investment bankers and suggest it could be worth as much as $3 billion. Victoria’s Secret, by comparison, carries a valuation of $4.2 billion following its return to profitability in 2021.

The potential market debut of Savage x Fenty, the article notes, would give Rihanna her third billion-dollar brand after the successful launches of Fenty Beauty and Fenty Skin in recent years.

Read more at Pymnts.

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