PARIS (Reuters) – French luxury goods group LVMH said on Friday it was launching a new brand with Barbadian singer Rihanna, building on a previous joint venture in cosmetics with the “Umbrella” hitmaker to branch out into clothing, shoes and accessories.
The label – which joins a roster of 70 brands at the world’s biggest luxury player, including Louis Vuitton and Moet & Chandon champagne – will be called Fenty, after the singer’s full name, Robyn Rihanna Fenty.
LVMH said the launch was “fast approaching” and due to land in spring 2019.
It marks a rare move by the acquisitive Paris-based group to set up a new brand from scratch, and follows the creation of Fenty Beauty with Rihanna in 2017, which rapidly became a sales hit.
(Reporting by Sarah White; Editing by Sudip Kar-Gupta)