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Jay-Z Talks Partnership with Moët Hennessy After Selling Half His Armand de Brignac Brand
LVMH’s Moët Hennessy has joined forces with Jay-Z and his Armand de Brignac champagne brand.
The hip-hop star has reportedly sold half the company to Moët Hennessy for an undisclosed price. Per the Financial Times, Jay said the partnership will help take Armand de Brignac to “the next level of taste and distribution.”
“I’m proud to welcome the Arnault family into ours through this partnership that began with Alexandre Arnault and continued with his father Bernard Arnault and Philippe Schaus, at my home in Los Angeles,” said Jay-Z of the new partnership in a statement. “It is a partnership that has felt familiar the entire time. We are confident that the sheer power of the Moët Hennessy global distribution framework, its unparalleled portfolio strength and its long-established track record of excellence in developing luxury brands will give Armand de Brignac the commercial power it needs to grow and flourish even further.”
Jay and Moët Hennessy CEO Philippe Schaus appeared on CNBC’s Squawk Box to talk about the collaboration, (see clip above), and the artist said the partnership came “from a place of respect.”
“We are going into this partnership on equal terms together with Jay-Z and his family and the same conviction that we are only at the beginning of a wonderful story,” added Schaus. “Together, we will lay a strong path forward to firmly cement Armand de Brignac as a luxury icon for current and future generations of customers.”
The New York Times reports that Jay said he and his team were “always looking to grow this brand.”
A statement on the Armand de Brignac Twitter account said: “Shawn JAY-Z Carter is pleased to announce a partnership with Moët Hennessy as they acquire a 50% stake in Armand de Brignac. The partnership reflects a shared vision between Moët Hennessy and Shawn JAY-Z Carter for the future of this iconic Maison.”
LaKeith Stanfield Calls Charlamagne Tha God A ‘Hoe’ After Radio Host’s ‘Judas’ Comment About Him
*LaKeith Stanfield has a message for Charlamagne Tha God after the radio personality took a shot at his portrayal of FBI snitch William O’Neal in “Judas & Black Messiah.”
In the film, Stanfield plays Bill O’Neal who is facing five years in jail for pretending to be a federal officer and trying to steal a car. In exchange, he agrees to infiltrate the Black Panthers to give federal agents information on the group.
Daniel Kaluuya, who also stars in the lead role of Fred Hampton, stopped by The Breakfast Club to speak on the project. While there, Charlamagne asked him if he looks at LaKeith Stanfield differently, stating that he played the role “too well.”
While Daniel Kaluuya jumped to LaKeith Stanfield’s defense, Lakeith stood up for himself as well. He called out Charlamagne on Instagram and wrote:
“H*e… This is what h*es do. Get sonned by the reality. Get off me bro u a lame. Daniel ain’t an idiot. Leave me be dog and find somebody else”.
Hmm, that’s a very interesting, but strange, convoluted and cryptic, answer/comment, Stanfield gave.
Nessa From The Bernie Mack Show Shows It All
Camille Winbush has "grown up" since her days as the daughter of the late great Bernie Mack on his self titled show. Recently, Camille just celebrated her 31st birthday and is showing her cakes by starting her own onlyfans page!! Now we know that Bernie is spinning is his grave!! Camille explained that she wants to use the platform to promote her skincare routine, take questions from fans and sharing exclusive content. Be looking out for the dream team at akronhiphop.com for more information about this topic!!