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
Drake Gifted Rolls-Royce Phantom
Back in 2007 we used to finesse this Rolls Royce Phantom rental to convince people in the city we were...
UNCHARTED (New Trailer)
Uncharted is an upcoming American action adventure film directed by Ruben Fleischer and screenplay by Rafe Judkins, Art Marcum and Matt Holloway, with a story by Judkins....
KING RICHARD (New Trailer)
In Theaters and HBO Max November 19 From Warner Bros. Pictures comes “King Richard,” starring two-time Oscar nominee Will Smith...
THE BATMAN-NEW TRAILER
From Warner Bros. Pictures comes "The Batman," with director Matt Reeves (the "Planet of the Apes" films) at the helm...
ANDY MINEO RELEASES “BEEN ABOUT IT” MUSIC VIDEO FT LECRAE
SINGLE AND VIDEO PAYS TRIBUTE TO HIP-HOP'S ICONIC ARTISTS THROUGH THE RECREATION OF THEIR ALBUM ARTWORK!In the midst of his...
BET HIP HOP Awards 2021 RED CARPET PHOTOS
YOUNG THUG, GUNNA, BIA, LIL JON, BABY KEEM, ISAIAH RASHAD,AND TOBE NWIGWE ADDED TO THE STAR-STUDDED LINEUP OF PERFORMERS AT...