Rihanna‘s Fenty fashion label has been shut down by luxury goods group LVMH after less than two years, it has been confirmed.However, the singer’s cosmetic lines – Fenty Beauty and Fenty Skin – will still continue alongside the Savage X Fenty lingerie line.In a statement, LVMH said that Fenty’s clothing line would be “put on hold” in anticipation of a better financial climate.According to the BBC, fashion analysts have said that the label’s prices were far too steep for the majority of Rihanna’s fanbase.Rihanna made history as the first woman of colour to launch a fashion house under the LVMH brand when Fenty first launched in spring 2019.But no new collections have materialised since November last year, which sparked initial speculation.
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