LVMH & Jay-Z Announce A New 50% Partnership In Ace Of Spades Champagne

Jay-Z has sold 50% of his champagne brand Armand de Brignac (Ace of Spades) to LVMH. After buying the company in 2014 for ~$30M, Jay-Z increased annual sales from 60k to 500k bottles in 2019. Ace of Spades costs ~$13 to make but sells for $225 at wholesale — a 94% profit margin

 

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Vanessa Bryant And Natalia Bryant Front Row @ Dolce & Gabbana Alta Moda 2022

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Naomi Campbell Received An Honorary PHD Wearing Burberry

Tweet Pint it Share Supermodel and activist Naomi Campbell was awarded an honorary PhD from The University for the Creative Arts to recognize her contributions to the fashion industry. She accepted her award wearing a Burberry jumpsuit. Related posts:Alicia Keys Reflects On ‘beautiful Bond’ With Husband Of 10 Years Swizz BeatzRihanna Uses Artwork To Encourage […]

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JT and Yung Miami of City Girls @ Billboard Music Awards 2022

Tweet Pint it Share 2022 BILLBOARD MUSIC AWARDS — Pictured: (l-r) JT and Yung Miami of City Girls arrive to the 2022 Billboard Music Awards held at the MGM Grand Garden Arena on May 15, 2022. —   Related posts:ViacomCBS Fires Nick Cannon After His ‘Anti-Semitic’ CommentsBlake Lively & Ryan Reynolds Donated 1 Million Dollars […]

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