Rihanna loses around $36 million following collapse of luxury-fashion venture

Rihanna has lost close to $36 million following the collapse of her luxury-fashion venture with LVMH.   The 37-year-old singer teamed up with the brand in 2019 to launch a high-end clothing label named Fenty, under the trade name Project Loud France, a nod to the performer’s fifth album Loud.   Rihanna invested €29,988,000 and…