Savage X Fenty Announces New CEO After Rihanna's Departure

Rihanna is stepping down from her role as chief executive at Savage X Fenty lingerie brand, which she founded five years ago, and will become executive chair from June 26th. The brand has been praised for its focus on diversity and appeal to women of different body types and skin tones. Hillary Super, former chief exec of the Anthropologie Group, will take over as CEO. Rihanna's businesses, including Savage X Fenty and her beauty range, have contributed to her estimated net worth of $1.4bn.