Tag: LVMH

Cardi B Explains How Rihanna & Jay-Z Inspired Her To Become A Billionaire

Cardi B says she looks up to Rihanna as she aspires to reach the same level of success as billionaire status, which Rihanna and Jay-Z have accomplished in a short frame of time. Rihanna is becoming known as a business maestro as she sweeps the fashion industry with her Fenty brands that include lingerie, skincare, makeup and beauty, and luxury fashions, and now she’s seemingly about to enter the haircare industry – a multi-billion dollar industry due to the popularity of wigs and lace fronts and fashionable hairstyles without damaging the natural hair. According to Cardi B, her biggest influences are Rihanna and Jay-Z, and she wants the same level of success. Speaking to Stationhead this week, she says her aspirations have transformed from the time she entered music to now as she sees the ...

Jay-Z Sells 50 Percent Of His ‘Ace of Spades’ Brand To LVMH

Jay-Z’s champagne brand has gotten a big boost from luxury brand LVMH with the latter announcing its purchase of a 50% stake in the brand. Jay-Z’s champagne company Amand de Brignac but its trade name is ‘Ace of Spades,’ known for its vibrant metallic bottles. The brand has been performing well, and according to statistics- before the pandemic, the luxury drink sold out more than 500,000 bottles in 2019. The new partnership will see Moet Hennessy being distributed globally. The French brand has several premium wines and spirits under its company name, which includes the likes of Dom Perignon Veuve Cliquot, Krug, and Chateau d’Yquem. In 2014 Jay-Z bought into Armand de Brignac after the company tanked following disparaging and racist comments made by an executi...

Rihanna Teases R9 Album After Closing Down Fenty Luxury Brand

Rihanna Navy is hyped this wekend after she teases her upcoming album on IG. Rihanna is once again teasing her fans and hinting that her album R9 is closer than expected. In a story released on IG on Saturday, the actress, model and singer posted a caption that sounds like she’s expecting everyone to be hype about her album. The story featured RiRi with a metallic face mask filter with her eye sockets aqua green with lightning strikes as she walks to what looks like a pool in a very tropical background. The caption read, “everybody: …./ R9:” It seems that while she has not directly addressed the launch of her album or a date for its release- she has been attention to what her fans are saying. The background song tagged on the story is “Looking for me” by Diplo with the hook “I ...

Rihanna and LVMH Announces Closure Of Luxury Fenty Fashion House

Rihanna and LVMH have agreed to close the Fenty fashion house, a joint announcement said on Wednesday. In a statement, an LVMH representative is quoted as saying that luxury conglomerate and Fenty “have jointly made the decision to put on hold the RTW activity, based in Europe, pending better conditions.” LVMH fashion house, which carries brands like Louis Vuitton and Hennessy, first announced a partnership with Rihanna in 2019 to open the new luxury brand, Fenty. Rihanna had called the collaboration “an incredibly special moment.” She added that “Mr. Arnault has givenen me a unique opportunity to develop a fashion house in the luxury sector, with no artistic limits. I couldn’t imagine a better parter both creatively and business-wise, and I’m ready for the world to see what we have built ...