Michigan included in Rihanna’s plans to open 6 Savage X Fenty stores
Rihanna’s hugely popular lingerie line, often praised for its inclusive size range, is opening a physical retail store in downtown Detroit.
Although the address is unknown, Savage X Fenty announced on the brand’s Instagram page plans to open physical stores in Detroit as well as Long Island, Atlanta, St. Louis, Chicago and Newark, Delaware.
Savage X Fenty was launched in 2018 as an online brand offering intimate apparel, loungewear and accessories and is now worth around $3 billion, according to Forbes.
The brand’s success has led to physical store openings this year. The inaugural Savage X Fenty store was unveiled at the Las Vegas Fashion Show on January 22, 2022.
“We’re going to start with a limited number of stores,” Christiane Pendarvis, co-president of Savage X Fenty, told Forbes in January. “It will be a small percentage of our business. It’s about making sure we get the right formula and the right assortment in the stores.”
New stores join Savage X Fenty locations in Las Vegas, Los Angeles, Houston, Philadelphia and Washington, D.C.
Rihanna’s net worth, which is around $1.4 billion, has not been earned in one place.
In addition to being a performer and creator of Savage X Fenty, she co-founded Fenty Beauty, a makeup line that achieved $100 million in sales in its first month and over $550 million in annual revenue. after his freshman year. Forbes estimates that most of Rihanna’s fortune (about $1.4 billion) comes from the value of Fenty Beauty. The company itself is worth $2.8 billion.