Have you heard the rumor that Louis Vuitton owns Fenty? Many fashion enthusiasts have been wondering about the authenticity of this statement, and we are here to clarify it for you.
The Truth About Louis Vuitton and Fenty
Firstly, let’s talk about what Fenty is. Fenty is a luxury fashion brand founded by Rihanna in 2019 under the umbrella of LVMH (Louis Vuitton Moët Hennessy). LVMH is a French multinational luxury conglomerate that owns various high-end brands such as Dior, Givenchy, and Marc Jacobs.
Now coming back to the question – does Louis Vuitton own Fenty? The answer is no. Although LVMH owns Fenty, it does not mean that Louis Vuitton specifically has any ownership or control over the brand.
The Relationship Between Louis Vuitton and Fenty
It’s important to note that while Louis Vuitton does not own Fenty, there is still a relationship between the two brands. Bernard Arnault, the CEO of LVMH, has publicly praised Rihanna for her skills and creativity in fashion design. He has also mentioned that he sees her as a “true entrepreneur” who can bring fresh perspectives to their company.
Moreover, LVMH provides support and resources to Fenty under their structure of shared services such as HR, IT, finance, legal services which helps them to operate effectively and efficiently.
Why This Rumor May Have Started
The reason why some people may believe that Louis Vuitton owns Fenty could be due to Rihanna’s collaboration with LV artistic director Virgil Abloh in 2019. The two designed a limited-edition capsule collection featuring clothing and accessories under Rihanna’s Savage X Fenty lingerie line. However, this collaboration was only between Savage X Fenty and LV and had no affiliation with Fenty.
The Bottom Line
In conclusion, Louis Vuitton does not own Fenty, but they do have a supportive relationship as part of the LVMH family. Rihanna remains the owner and creative director of the brand, and her vision continues to drive Fenty’s success in the fashion industry.
So there you have it – the truth about Louis Vuitton and Fenty. We hope this article has cleared up any confusion and provided you with valuable insight into the luxury fashion world.
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