Shining bright like a diamond every single day, the ‘unstoppable’ Rihanna has achieved yet another milestone under her ‘Umbrella.’ The soon-to-be-mom's is reportedly expanding her empire by considering an Initial Public Offering (IPO) for her lingerie line Savage x Fenty. Talk about the big game!
As stated by an online website Hypebae, the Savage x Fenty’s IPO is to be valued at $3 billion USD or more. As reported by Bloomberg, Rihanna’s brand is working with Goldman Sachs and Morgan Stanley on the listing and could be out as early as this year. However, the IPO is yet to be confirmed and could be subjected to change, as revealed by a close source.
This news comes after Rihanna’s Savage x Fenty raised $125 million USD and opened its first brick-and-mortar store in Las Vegas.
We wait for the Queen to expand her empire!
(Source- Bloomberg, Hypebae)
Rihanna is unstoppable
