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Rihanna's Fenty Fashion House and LVMH (Louis Vuitton Moët Hennessy) have reportedly reached a mutual decision to part ways, according to reports from both Women’s Wear Daily and Business of Fashion.

In a statement to WWD, an LVMH rep said the luxury fashion house, which owns the Louis Vuitton brand, "have jointly made the decision to put on hold the RTW [ready to wear] activity, based in Europe, pending better conditions."

The decision appears to be final, but, according to WWD, both LVMH and Rihanna "haven't ruled out taking a second run" at a partnership in the future.

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Rihanna and LVM first unveiled the partnership in 2019. At the time, Rihanna called the partnership "an incredibly special moment" for the team.

"Mr. Arnault has given me a unique opportunity to develop a fashion house in the luxury sector, with no artistic limits," she said, referring to Bernard Arnault, chairman and CEO of LVMH Moët Hennessy.

"I couldn't imagine a better partner both creatively and business-wise, and I'm ready for the world to see what we have built together," she continued.

LVMH will reportedly focus on Rihanna's Fenty Beauty, Fenty Skin elements and Savage X Fenty lines.

LVMH is s home to 75 fashion brands.

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Photos: Instagram.com

Lil Wayne's daughter Reginae Carter is officially a fashionista! The 21-year-old singer/actress has been tapped as the face of Rihanna's Savage X Fenty lingerie collection.

Reginae, whose mother is TV personality and author Antonia 'Toya' Johnson, announced on Thursday that she will join former Fifth Harmony star Normani, and models Joan Smalls and Paloma Elsesser, as brand ambassadors for Rihanna's line.

"This just the intro, let me not get ahead of myself," Reginae captioned an Instagram snap of herself posing in a light pink lace teddy.

Photo by Prince Williams/WireImage

Reginae recently moved on from her on-again, off-again boyfriend, rapper YFN Lucci, after numerous reports of cheating on her.
 

Photo by Prince Williams/ATLpics.net

The eldest of Weezy's four kids and his only daughter, Reginae previously starred in two VH1 television shows — T.I. & Tiny: Friends and Family Hustle and Growing Up Hip Hop: Atlanta.

Rihanna, 31, recently collaborated with designer Adam Selman for a limited Valentine's Day Savage x Fenty collection, which she described as, "fun, playful, (and) sexy."

The Barbados native split from her long distance lover Hassan Jameel. Reports confirmed the semi-retired singer dumped the Saudi billionaire earlier this month after almost three years of long distance dating.

The "Work" singer has been spotted hanging out with effeminate rapper A$AP Rocky, real name Rakim Mayers, 31.

Cabaret singer Beyonce released new IVY PARK campaign photos of herself allegedly "hiding" her baby bump.

According to WENN.com, the mother-of-3 "hid her growing baby bump with an artfully-placed hoodie in the first pictures from her activewear line IVY PARK's Spring 2017 collection."

One picture shows Beyonce wearing a cropped hoodie, with a khaki green hoodie featuring the brand's name tied across her flat stomach.

Another featured a profile picture of the Formation singer in the same green hoodie, which features zip-off sleeves, but is noticeably taken without the stomach in shot.

How is it possible to hide your baby bump when you're supposedly in your third trimester?

Does Beyonce really think the public is that dumb?

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