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Jay-Z Sells 50% OF His Champagne Brand, Armand de Brignac To Moët Hennessy

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American Businessman and Entrepreneur, Jay-Z has sold 50% stake of his Champagne brand, Armand de Brignac, to luxury giant LVMH’s Moët Hennessy in a partnership deal.

The 51-year-old rapper sold half of his champagne brand to Moët Hennessy for an undisclosed price, and the Financial Times reports he said the move will help take Armand de Brignac to “the next level of taste and distribution.”

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On Monday, LVMH’s Moët Hennessy announced the partnership with Jay-Z through the 50 percent acquisition of his Armand de Brignac champagne brand.

“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. 

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“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.” 

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The deal is aimed at growing Armand de Brignac through LVMH’s global distribution networks and using its vast resources.

Armand de Brignac, known by the nickname Ace of Spades, reportedly sold more than half a million bottles in 2019 but champagne sales have been hit amid the pandemic, with nightclubs and restaurants around the world forced to close their doors. 

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Entertainment

“I Will Be A Billionaire Before 40” – OAP, Toke Makinwa

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On-air personality, Toke Makinwa in a recent tweet has asserted that she must attain billionaire status before she turns 40.

Toke Makinwa, with much optimism and determination has challenged herself to be a billionaire before the age of 40.

Speaking further, Toke Makinwa guaranteed herself that her works will gain global recognition and the world will surely tell her success story, all these, she said she will achieve before clocking 40.

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In her words:
“Before 40, I must hit the billionaire status, my products must do so well, the world will know my name. I feel it, I can taste it, time and chance is all and it will happen. TM to the world.”

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Dorathy Launches Underwear Clothing Line, Names It After Her Mother

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Popular brand influencer, Dorathy Banchor has launched an underwear clothing line that she named after her mother, Helen.

Despite finishing in first place at the 2020 BBNaija reality show, Dorathy continues to push for a greater career as she launches a lingerie line.

Taking to social media to announce the new lingeries business line, she wrote;

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“Like the smell of lingerie
Tumble dried in a dryer
Given a chance at purgatory
Defiled in early life
Reborn………
I present to you, the first collection of @LingerieMfc

“THE HELEN COLLECTION”

Named after my MOTHER and dedicated to my QUEENS

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Davido’s Alleged 4th Baby Mama Named Son ‘Dawson’ Meaning ‘Son Of David’

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Larissa London, the alleged 4th baby mama of Davido continues to drop more clues as she reveals the name of her son which translates to ‘son of David.’

This is coming after the new mum shared a video of her son’s pregnancy journey from baby growth complications to delivering the baby in her room.

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In an Instastory update, Larissa revealed the name of her son as Dawson. A name that translates to the ‘son of David.’

“Dawson Noe is my miracle baby, I had him on Mother’s day last year, rainy stormy weather! I’m so grateful we made it life’s too short,” she wrote in response to a fan.

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Reno Omokiri blasts Ladies Following Sugar Daddies.

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The popular Nigerian author and politician, Reno Omokri, who is well known for his his two cents on social media matters and on every controversial matters that concerns women has done it again.

But this time around, the men are not left out. As the controversial writer took took to his Instagram account to share his opinion about women been dumped by their sugar daddy.

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He has claimed that when sugar daddy buys their girlfriends cars, take them shopping on vacation, and buys a house; they react, “aawww, he’s so lovely”, “he’s my boo”.

And that’s until they are dumped. Then their anthem changes to “men are scum”.

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He went further to say, “both you and your boyfriend are Scums of the Earth. And you both deserve to be Scumfortable in your misery”.

Here’s what he wrote:

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Wizkid Sends Love Message To Women (photo)

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Nigerian musical star, Wizkid, has taken time to appreciate and commend women from all walks of life.

The talented artiste in a post he recently made talked about the traits to watch out for in a good woman; which he said that the best way to ascertain a good woman is by the way she treats her child or children.

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The father of three, believes that a woman’s true nature can be seen in the way she takes care of her kids. He also sent out a love message to all the good women out there.

In his words:

“You can tell a good woman by the way she treats her child. Big love to all better women worldwide.”

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Below is the post:

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