Rihana's Product Secures Deal for Olympic Games

Fenty Beauty Secures Partnership for 2024 Olympic, Paralympic Games

Pop icon and cosmetics mogul Robyn “Rihanna” Fenty’s brand, Fenty Beauty, has secured a landmark deal as the official makeup partner for the 2024 Olympic and Paralympic Games in Paris. This partnership marks a significant milestone for both the entertainment and sports industries.

As a premium partner, Fenty Beauty will supply makeup kits to volunteers and have its own makeup artists on-site.

The 2024 Olympic Games are scheduled from July 26 to August 11, followed by the Paralympic Games from August 28 to September 8. Canadian singer Celine Dion will perform at the opening ceremony.

Rihanna shared her excitement on social media, stating, “Tried to tell y’all…we outside all 2024!!! Proud to announce that @FentyBeauty is a premium partner of the Olympic and Paralympic Games baby! FentyxParis2024.”

Launched in 2017 in partnership with luxury conglomerate LVMH, Fenty Beauty has quickly become a cosmetics powerhouse, generating over $550 million in revenue by 2020. The brand has a global presence, with products available in Sephora stores across the US, Canada, France, and Australia, and an online reach extending to more than 150 countries.

Also Read: Rihanna to launch her skincare products in Kenya

With a net worth of $1.4 billion, Rihanna continues to expand her influence in both music and business. Earlier this year, she introduced Fenty Beauty to the Chinese market, celebrating with a promotional event in Shanghai following its April debut in Mainland China.

Rihanna was recently announced as the new face of J’Adore perfume by Christian Dior, with a campaign set to launch on September 1. She has also entered the booming hair care market with the introduction of Fenty Hair, targeting a sector projected to grow by $19.6 billion from 2022 to 2027, reaching $107.5 billion.

Rihanna’s entrepreneurial vision extends beyond beauty. In May 2023, she revived her collaboration with German sportswear giant Puma, launching the Avanti sneaker line. This collection merges Puma’s athletic heritage with Rihanna’s trendsetting style.

The relaunched Fenty x Puma collection highlights the enduring appeal of their collaboration, blending Puma’s athletic legacy with Rihanna’s unique aesthetic. Reflecting on her return to Puma, Rihanna expressed her excitement about bringing new perspectives to the partnership, drawing from her experiences as both a mother and a businesswoman.

July 23, 2024

1,146 1 minute read

Lawrence Baraza

Lawrence Baraza is a dynamic journalist currently overseeing content at Metropol TV Digital. With a keen focus on business news and analytics, Lawrence guides the platform in delivering insightful, data-driven content that empowers its audience to make informed decisions. Lawrence’s commitment to quality and his ability to anticipate market trends make him a key figure in the digital media landscape. His work continues to shape the way business news is consumed, making a significant impact in the field.