Rihanna’s Savage x Fenty Lingerie Brand Reaches $1 Billion Valuation In Equity



According to a Forbes, Rihanna enjoyed a boost from private equity firm L Catterton, which helped the Savage x Fenty brand raise $115 million in Series B funding as the brand focuses on expanding sales beyond the online market and into physical stores. A line of athletic wear is also reportedly in the works.

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Black Fact = (1888) M.A. Cherry

Black Fact= 1888 (May 8) – M.A. Cherry, inventor, patented the (early bicycle) on this date in 1888. Patent # 382,351. M. A. Cherry was ...