Savage x Fenty’s CEO Rihanna has announced her resignation, effective immediately. Hillary Super, a former CEO of the Anthropologie Group, will take the helm of the lingerie business on June 26.
Super was greeted as the new CEO by the singer.
The soon-to-be executive chair will continue to play a key leadership position, the soon-to-be mother of two said to Vogue Business.
The singer stated, “”I’m extremely grateful and thrilled to welcome Hillary Super as our new CEO. She is a capable manager who is committed to growing the company to” new heights.
Savage X Fenty was established in 2018 by Rihanna, who also serves as the CEO of Fenty Beauty. During New York Fashion Week that year, the brand debuted in a fashion show for the first time. A second fashion show for the company took place in 2019 at New York Fashion Week, and it was documented for an Amazon documentary called “Savage X Fenty Show Vol. 1.”
At the event, many artists performed, including Halsey, Big Sean, Migos, and Rihanna.
According to Good Morning America, the company caters to a diverse market and is renowned for using models of all sizes and ethnic origins.
According to Forbes, Savage X Fenty was worth $1 billion in 2021.
“It’s been beautiful to see our vision for Savage X Fenty impact the industry at such an incredible magnitude over the last five years,” Rihanna said in a statement to Vogue Business on Friday. “This is just the beginning for us, and we’ll keep growing in ways that always connect with the customer,” the company said.
Super, who stated that she is “thrilled to join the Savage X Fenty family,” also discussed the brand’s impact on the fashion industry with Vogue business on Friday.
She praised the company as a “significant powerhouse in the lingerie and apparel industry” for its unwavering dedication to honoring diversity and bravery.