By NAN ET Editor
Information Americas, NEW YORK, NY, Tues. Dec. 15, 2020: Caribbean-born star Rihanna has reportedly employed Goldman Sachs to boost $100 million in financing.
The DealBook e-newsletter cites sources as saying the Bajan star’s Savage x Fenty lingerie firm needs cash for brand spanking new initiatives which will embody new strains like athletic put on and increasing in Europe.
The high-flying lingerie model generates about $150 million in income, however is just not but worthwhile, the sources claimed based on The DealBook.
Goldman Sachs and Savage x Fenty haven’t commented on the report.
Rihanna’s enterprise ventures embody her Fenty Magnificence line, which she produces with a subsidiary of LVMH, and Savage x Fenty, began in 2018 and which is partly owned by Techstyle Trend Group.