Rihanna's Savage X Fenty Planning $3B IPO

Rihanna Fenty

Rihanna's lingerie company Savage X Fenty, known for its inclusivity of all body types, is reportedly planning a public offering at a reported $3 billion valuation, according to Bloomberg.

The company recently raised $125 million for the brand’s move into brick-and-mortar retailing. Rihanna has a reported 30% ownership stake in Savage X Fenty, which would be worth $900 million at a $3 billion valuation.

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