Fenty Beauty was founded by Rihanna in 2017 under LVMH's Kendo Brands. It launched with 40 shades of foundation to be inclusive of all skin tones. Marketing and product development was done with people of color in mind. The numbers show its success, with over 1.4 million Instagram followers and sales of over $72 million in the first few weeks. Research found the multicultural population and buying power is increasing in the US and will make up over half the population growth by 2026, emphasizing the importance of inclusive marketing strategies.