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In the words of the pop icon herself, “that Rihanna reign just won’t let up!” Right along with the news of Savage X Fenty’s debut brick-and-mortar store in Las Vegas, it has been announced that there is more to come for the successful lingerie brand. Forbes reports that the company had a new funding round of $125 million led by Neuberger Berman.
It’s finally here, Rihanna’s Savage X Fenty is set to open its very own retail stores. On Friday, Jan. 7, Rihanna announced in a tweet that the $1 billion lingerie brand will expand to include brick-and-mortar stores starting with a handful of cities in the U.S. 2022, we coming in HOT! we bout to bring you a whole new #SavageXFenty experience with the launch of our brick-and-mortar retail stores! pic.twitter.com/KbAI937ZBx — Rihanna (@rihanna) January 7, 2022 “2022, we coming in HOT! We bout to bring you a whole new #SavageXFenty experience with the launch of brick-and-mortar retail stores,” the singer wrote in a tweet accompanied by an exclusive mockup of the upcoming store.
Rihanna has officially hit billionaire status! The singer, born Robyn Fenty, didn’t just rise to the top as an entertainer, but over the past few years she’s become quite the businesswoman thanks to Fenty Beauty — the cosmetics company made to make “women everywhere (feel) included.” After launching in 2017, Fenty Beauty is now the reason that Rihanna has hit billionaire status. The 33-year-old is now worth an estimated $1.7 billion, according to Forbes. Not only does this make her the wealthiest female musician in the world, but now Rihanna is alongside Oprah Winfrey as the richest female entertainer. An estimated $1.4 billion of her fortune is all thanks to Fenty Beauty which the “Love On The Brain Singer” owns half of. The rest of her coins comes from her lingerie company, Savage x Fenty, which is worth an estimated $270 million and the remaining amount is thanks to the money she’s made as a chart-topping musician and actress. If folks haven’t considered Rihanna a mogul yet, they...
Entrepreneur Jayda Cheaves is more than your average social media influencer or the woman who is famous for dating and having a baby with rapper Lil Baby. From launching her own hair business to being an ambassador for brands like Savage x Fenty and Fashion Nova, the mother of one is just one of a few influencers that flipped her social capital into a lucrative cash flow that made her a successful entrepreneur. Who Is Jayda Cheaves? According to an interview with ESSENCE, Jayda Cheaves — better known as “Jayda Wayda” online — detailed all the ways content creation and building her name as a brand has helped her in her upwards journey of entrepreneurship. “Everything you post is marketable,” she says revealing the key to growing a large following online. “You have have to watch what you post and certain things you have to post because it helps your engagement.” This formula for her social media etiquette is what helped garner over 288,000 followers on an Instagram page for her...
Women’s History Month is all about uplifting generations of hard-working women who are becoming pioneers in their own right every single day. This year, AfroTech is amplifying the famous firsts of Black women today who have defied the odds to open doors and break glass ceilings for us all. Here are all the Black women who have and continue to inspire the next generation of young Black women to be the leaders of tomorrow: Kamala Harris Photo Credit: Chris Carlson/ AP Kamala D. Harris made history as the first Black, first Asian-American, and first woman to ever be elected Vice President of the United States of America. She accomplished this historic feat after serving as the District Attorney of San Francisco, California Attorney General, and a U.S. Senator. Stacey Abrams Photo Credit: Mike Coppola/Getty Images Stacey Abrams — a political strategist and former minority leader of the Georgia state House — is the reason the state of Georgia turned blue for the first time in 30 years to...