Rihanna has lost a staggering $36million after a fashion venture with Louis Vuitton flopped.

RadarOnline.com can reveal the Bajan singer, 37, launched her clothing range Fenty in 2019 in collaboration with the luxury French firm, but the brand failed and closed down in 2021 due to the pandemic. Article continues below advertisement

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Due to traveling restrictions during COVID, Rihanna couldn’t visit the HQ in Paris or get to the Italian fashion houses, making the products.

The mother-of-three initially pumped more than $30million of her own cash into the venture, through Denim UK Holdings company, becoming a 49.99 per cent shareholder in the business, Project Loud Fr

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