Rihanna is building an empire and she’s not slowing down any time soon. Yesterday, WWD confirmed that Rihanna has signed a multi-million dollar deal with the Kendo division of Moët Hennessy Louis Vuitton (LVMH) for her beauty line, Fenty Beauty. The announcement of a beauty line by Rihanna has been speculated for quite some time now. Now every member of the #Navy who loves make-up has something new to look forward to from the Bajan-born singer.
via WWD:
Estimates of what LVMH may have paid to make the deal run as high as $10 million.
Kendo, which functions as an incubator producing products that end up being retailed by LVMH’s Sephora perfumery chain and other outposts, will launch a Rihanna makeup range, called Fenty Beauty by Rihanna, in the fall of 2017.