Branding Chicks

Rihanna has officially made history as the first Black woman to create two brands that have each crossed the billion-dollar mark. Forbes and Reuters report that Fenty Beauty — which she co-owns at 50% — pulled in roughly US$450 million in net sales in 2024 and is projected to be valued between US$1 billion and US$2 billion in 2025.

King of Pops sells part of business ahead of plans to expand franchise A popular popsicle purveyor is selling part of its business and its products will begin appearing in markets outside the South.

Party City announces closure of all stores after nearly 40 years Party City, the largest party supply store chain in the United States, is closing all its stores, marking the end of nearly four decades in business, an announcement made Friday said.

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