Moet Hennessy is acquiring a 50% stake in rapper and entrepreneur Jay-Z’s Champagne brand in an effort to up its cool factor and expand distribution. Terms of the deal, which was announced Monday, ...

Hov continues to make major power moves. This time he has flipped half of his hit brand Ace of Spades to LVMH. The billionaire boy from Brooklyn has just announced he sold half of his high-end ...

Jay-Z is popping more bottles with his latest business move. The hip-hop mogul and luxury goods giant LVMH are 50/50 partners in his popular champagne brand Armand de Brignac, also known as “Ace of ...

Shawn "Jay-Z" Carter and Moet Hennessy announced a deal on Monday. The French company will acquire a 50% stake in the music entrepreneur's champagne brand, Armand de Brignac, also known as Ace of ...