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This is the first time that LVMH has founded a major fashion brand from scratch and the first time that a woman of color has headed up one of its brands.
Rihanna is breaking ground at LVMH with her new Fenty fashion brand.
The new brand, which Rihanna launched on Wednesday, is the first major fashion brand that LVMH has founded from scratch and the first of its brand to be headed up by a woman of color.
Fenty's new Parisian pop-up is located in the heart of the trendy Marais district and officially opens to the public on Friday. It launches online on May 29.
According to Vogue, the collection is a round-up of the kind of clothes Rihanna would like to have in her own wardrobe but couldn't find elsewhere.
"I often walk into stores and I'm like, 'I love this, but I wish it was more like that, or in a different color or in a different fabric' — and now I get to do it," she told Vogue.
It starts at $200 for a t-shirt and goes up to more than $1,200 for a reversible parka.
Fenty's clothing and accessories will run on a six-to-eight-week cycle. It won't have a fashion show, and it will only be sold direct-to-consumer through the store and online.
"There is no six-month wait, you get it when you see it," she told Vogue. "There's no tease. You see it, love it, and want it and that's because I'm like that, I want things right away — I see designers' new season [products] and I'm like, 'Look 11, I need that!'"
LVMH has invested nearly $67 million into the company.
This isn't Rihanna's first foray into fashion, however. She was previously creative director of women's collection and Puma and also runs her own lingerie business, Savage x Fenty.