Jay-Z sells stake in champagne brand to luxury giant LVMH


“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,” he said.

BBC News – Business

Source – www.bbc.co.uk

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