Moet Hennessy, LVMH’s (OTCMKTS: LVMUY) wine and spirits branch, announced it has acquired a 50% stake in rapper Jay-Z’s champagne brand, Armand de Brignac. Financial details on the agreement...
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Adidas to Sell Underperforming Reebok Brand
Adidas AG (OTCMKTS: ADDDF), German sportswear manufacturer, intends to sell or spin-off its disappointing Reebok brand. Despite acquiring the fitness label 15 years ago for USD3.8 Billion, Adidas has...
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Peloton Partners with Beyonce in Multiyear Deal
Peloton (NASDAQ: PTON) announced Tuesday that it has partnered with renown celebrity Beyonce in a multi year deal set to execute exclusive content with her music for its workout...
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Adidas Partners with Beyonce in the Re-Launch of Ivy Park
Adidas (OTC: ADDYY) the sportswear giant is teaming up with pop icon Beyonce on the new Adidas x Ivy Park activewear collection, debuting both in stores and online at...