Rihanna loses $62m after LVMH fashion label Fenty shuts down
The Daily Mail, which uncovered the records, said Rihanna’s efforts “flopped” and the business closed down in 2021 because of the pandemic. Reports at the time stated because of travelling restrictions during Covid, hands-on designer Rihanna couldn’t see the atelier in Paris or get to the Italian fashion houses making the products. When the label…