
Rihanna said she'd never be a sellout. Then Reliance bought Sephora India
About this episode
Last week, Rihanna was all over our social media feeds as she flew to Mumbai for the official India launch of Fenty Beauty. Now it is exclusively available through Reliance Retail's beauty company, Tira. This was the popstar's second visit to India in two years; the first being a private performance at Anant Ambani's pre-wedding celebrations in 2024, her first paid show in eight years.
For a woman who built her entire brand on never showing up on anyone else's terms, there's something worth examining here. Fenty is valued at nearly $3 billion and India's premium beauty market is heading towards $4 billion by 2035.
But the real story starts in November 2023, when Reliance spent ₹99 crore acquiring Sephora India.
In this episode, host Snigdha Sharma examines if any of this was really Rihanna's choice.
Tune in
Daybreak is produced from the newsroom of The Ken, India’s first subscriber-only business news platform. Subscribe for more exclusive, deeply-reported, and analytical business stories.
Get every episode summarized
Each time Daybreak publishes, we email you a written briefing from the transcript — the topics, who appeared, and any specific claims, with the ad reads skipped.
Email me new episodesFree for 3 shows. No card needed.
Hosts & guests
No transcript yet
This episode has not been transcribed. Request it and it moves to the front of the queue.
More episodes
More from Daybreak

This week in AI: activist robots, doom-laden researchers — so who's the good guy...
Daybreak

India has more tourists than ever. So why is tourism in trouble?
Daybreak

The Government sold Air India to escape its problems. The fix is to buy back in
Daybreak

Nykaa cracked fashion at last. Myntra sees no reason to panic
Daybreak