NEW YORK - Pop star and fashion entrepreneur Rihanna's Savage X Fenty lingerie company is preparing for an initial public offering that could value it at US$3 billion or more, it was reported on Friday .
A listing could happen this year, though Savage X Fenty had not made a final decision on an IPO or its timing, the sources indicated. Rihanna, who was born in Barbados, has produced a string of hit-filled albums. She was among the stars who attended the recent Paris Fashion Week.