Tag «LVMH»

Jay-Z Sells 50 Percent Of His ‘Ace of Spades’ Brand To LVMH

Jay-Z’s champagne brand has gotten a big boost from luxury brand LVMH with the latter announcing its purchase of a 50% stake in the brand. Jay-Z’s champagne company Amand de Brignac but its trade name is ‘Ace of Spades,’ known for its vibrant metallic bottles. The brand has been performing well, and according to statistics- …

Rihanna and LVMH Announces Closure Of Luxury Fenty Fashion House

Rihanna and LVMH have agreed to close the Fenty fashion house, a joint announcement said on Wednesday. In a statement, an LVMH representative is quoted as saying that luxury conglomerate and Fenty “have jointly made the decision to put on hold the RTW activity, based in Europe, pending better conditions.” LVMH fashion house, which carries …