Page 7 - Philippe Schaus News Today

(Image: Moët Hennessy) BLACK ENTERPRISE reported that LVMH Moët Hennessy, the world leader in luxury wines and spirits, announced a partnership with the hip-hop heavyweight, Jay-Z, acquiring a 50% stake in Carter’s Armand de Brignac, which is widely known as “Ace of Spades” due to its logo. Now, Forbeshas estimated that the Brooklyn-bred hip-hop entrepreneur has made a total of at least $300 million when he sold half the company to Moët Hennessy. “I’m proud to welcome the Arnault ...

The same Florida Legislature that is trying to criminalize civil disobedience under the cloak of “riot prevention” and is in lockstep behind Georgias to likely pass voter suppression laws, now wants to be the arbiter of “intellectual freedom and viewpoint diversity” on college campuses. I w… More Headlines

The international luxury giant is now equal partner with hip-hop star and entrepreneur Jay-Z

2021 Every Tuesday and Friday, WTR presents a round-up of news, developments and insights from across the trademark sphere. In our latest round-up, we look at Danone expanding its plant-based brand portfolio, USPTO seeking public feedback on the Trademark Modernisation Act, an Olympics trademark battle escalating, and much more. Coverage this time from Trevor Little (TL), Bridget Diakun (BD), Jonathan Walfisz (JW) and Tim Lince (TJL). Market radar: LVMH buys 50% stake in Jay-Z’s champagne br...

The 51-year-old rapper and entrepreneur - whose real name is Shawn Carter - revealed the huge deal this week after selling 50% ownership of his Ace of Spades brand to the luxury firm

Jay-Z just made another power play and sold a 50 percent stake in his Champagne brand, Armand de Brignac, to Moet Hennessy.

The rapper-entrepreneur, whose real name is Shawn Carter, bought the brand – known familiarly as Ace of Spades because of its distinctive label – ...

Dive Brief: Moët Hennessy Louis Vuitton bought 50% of premium Champagne company Armand de Brignac, which is owned by entertainer and businessman Jay-Z. Terms of the deal were not disclosed. Armand de Brignac, known for its distinctive metallic bottles and "Ace of Spades" nickname, started in 2006. According to the company, it sold more than 500,000 bottles worldwide in 2019. Moët Hennessy plans to expand global distribution of the brand, but is remaining an equal partner with Jay-Z. The rele...

Armand de Brignac, known familiarly as Ace of Spades because of its distinctive label, is produced in Frances Champagne region.

Moët Hennessy partners with Jay-Z through stake in Armand de Brignac Champagne 23 February 2021 By Patrick Schmitt Moët Hennessy has partnered with Shawn Jay-Z Carter through the acquisition of a 50% stake in the American rapper’s Armand de Brignac Champagne. Jay-Z acquired Armand de Brignac Champagne from Sovereign Brands in 2014 after making the company an offer it “simply couldn’t refuse” News of the tie-up was announced yesterday, and means that Mo�...