THE RETAIL BULLETIN - The home of retail news
Click here
Home Page
News Categories
Commentary
Department Stores
Electricals and Tech
Entertainment
Fashion
Food and Drink
General Merchandise
Grocery
Health and Beauty
Home and DIY
Interviews
People Matter
Retail Business Strategy
Property
Retail Solutions
Electricals & Technology
Sports and Leisure
Christmas Ads
Shopping Centres, High Streets & Retail Parks
Retail Events
People in Retail Awards 2024
Omnichannel Futures 2024
Retail HR Central 2024
The Future of The High Street 2024
Retail HR Summit
THE Retail Conference
Upcoming Retail Events
Past Retail Events
Retail Insights
Retail Solutions
Advertise
About
Contact
Subscribe for free
Terms and Policies
Privacy Policy
Savage x Fenty secures $125 million in new funding

The Savage x Fenty lingerie brand has secured $125 million in new funding, Founded by pop start Rhianna, the company is also opening its first physical… View Article

FASHION RETAIL NEWS UK

Savage x Fenty secures $125 million in new funding

The Savage x Fenty lingerie brand has secured $125 million in new funding,

Founded by pop start Rhianna, the company is also opening its first physical store with the launch of a shop in Las Vegas this week.

According to a report by Forbes, the new funds are the result of a Series C funding round led by Neuberger Berman. Other participants included previous investors L Catterton, Avenir, Sunley House Capital, Advent International and Marcy Venture Partners, as well as newcomers Abu Dhabi Growth Fund, LionTree and Multiply Group.

Launched in 2018, Savage x Fenty is joint venture between Rhianna and TechStyle Fashion Group, the owner of Fabletics and Just Fab.

The brand is also planning to open stores in Los Angeles, Houston, Philadelphia and Arlington in the first quarter of 2022.

 

Subscribe For Retail News