Rihanna’s LVMH-backed fashion house Fenty is shuttering less than two years after its launch. LVMH has pledged to support Fenty Beauty and Fenty Skin and to back Rihanna’s successful lingerie line Savage X Fenty, with the help of private equity giant L Catterton.
January 2021 CPI: year-over-year inflation rate unchanged, Bitcoin declines and major crude draw sends oil prices higher (SPY -0.3%).
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North and South American markets are lower today with shares in Brazil off the most. The Bovespa is down 0.86% while Mexico s IPC is off 0.23% and U.S. s S&P 500 is lower by 0.16%.
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Energy Committee Chief Asks Biden To Reconsider Ban On Keystone XL The new Chair of the Senate Energy Committee, Sen. Joe Manchin, has asked President Biden to reconsider revoking the license for the Keystone XL oil pipeline in the latest episode of a saga that has been dragging on for years. The Democratic senator from West Virginia and long-time supporter of the coal industry said in a letter to the President that pipelines continue to be the safest mode to transport our oil and natural gas resources, and they support thousands of high-paying
Just under two years since it launched, LVMH is closing the doors on Rihanna’s fashion label Fenty. The French luxury conglomerate confirmed the brand would be put on pause in a statement to Women’s Wear Daily (WWD) that read: “Rihanna and LVMH have jointly made the decision to put on hold the RTW activity, based in Europe, pending better conditions.” Observant fans will have noticed the Fenty Instagram has been inactive since January 1, and.