JAY-Z sells 50 percent stake of Ace of Spades to LVMH
JAY-Z has entered a partnership with LVMH. On Monday (Feb. 22), Moët Hennessy, the luxury conglomerate’s wine and spirits division, announced its purchase of a 50 percent stake in JAY-Z’s champagne brand Armand de Brignac, commonly known as Ace of Spades.
“It just started out in a place of respect and built from there pretty quickly,” he said on the show.
According to Yahoo! Finance, JAY also called Moët a “natural partner” and said the dealwould take Armand de Brignac to “the next level of taste and distribution.”
More Stories
MICHELLE OBAMA ANNOUNCES THE LIGHT WE CARRY TOUR: IN CONVERSATION WITH MICHELLE OBAMA
Today, Live Nation and Crown, an imprint of Random House, announced Michelle Obama’s live U.S. book tour events in support...
Atlanta R&B Music Experience
Monica, Tamar Braxton, Tevin Campbell, H-Town & More Atlanta R&B Music Experience will come to the award-winning State Farm Arena...
MARY J. BLIGE GOOD MORNING GORGEOUS TOUR W/ ELLA MAI AND QUEEN NAIJ
One of Time magazine's icons listed in "The 100 Most Influential People of 2022" and the recipient of the 2022 "Billboard ICON...
‘REASONABLE DOUBT’ PREMIERE WITH RAAMLA MOHAMED, LARRY WILMORE, EMAYATZY CORINEALDI, McKINLEY FREEMAN, MICHAEL EALY
On Thursday, September 22, 2022 Onyx Collective hosted the red carpet premiere for their first scripted series, a sexy legal...
Trina to Receive the ‘I Am Hip Hop Award’ at the BET Hip Hop Awards 2022
HIP HOP TRAILBLAZER TRINA NAMED “BET HIP HOP AWARDS” 2022 I AM HIP HOP AWARD HONOREE ARMANI WHITE, BLEU, EST...
Warner Bros Sets ‘Constantine’ Sequel; Keanu Reeves & Francis Lawrence To Reunite
Warner Bros will develop another installment of the 2005 supernatural thriller Constantine, and the studio is re-teaming star Keanu Reeves and director Francis Lawrence,...