Daily Mirror (Sri Lanka)

LVMH and Rihanna confirm their new fashion label

Fenty is the first new fashion house for LVMH since it created Christian Lacroix more than three decades ago

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After months of rumour and speculatio­n last weekend the news finally broke, LVMH Moët Hennessy Louis

Vuitton said it has created a new luxury fashion house with

Rihanna. Under the brand Fenty, the Paris based collection will include ready-to-wear, shoes, and accessorie­s. betting the recording star and social media powerhouse can bring the same cachet to a brand as the industry's celebrity designers.

In a press statement,

Rihanna said: “Designing a line like this with

LVMH is an incredibly special moment for us.

Mr. Arnault has given me a unique opportunit­y to develop a fashion house in the luxury sector, with no artistic limits.

I couldn't imagine a better partner both creatively and businesswi­se, and I'm ready for the world to see what we have built together.”

Fenty is the first new fashion house for LVMH since it created Christian

Lacroix more than three decades ago. It is also the first time the Paris-based luxury conglomera­te has named a woman of colour to lead one of its brands. Bernard Arnault, the CEO and chairman of LVMH, said in a release: “Everybody knows Rihanna as a wonderful singer, but through our partnershi­p at Fenty

Beauty, I discovered a true entreprene­ur, a real CEO, and a terrific leader. She naturally finds her full place within LVMH.

To support Rihanna to start up the Fenty

Maison, we have built a talented and multicultu­ral team supported by the Group resources. I am proud that LVMH is leading this venture and wish it will be a great success.”

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RIHANNA+BERNARD+ARNAULT

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