Jay-Z's Armand de Brignac caught in Moet Hennessy crisis

Billionaires Africa | 03.05.2026 19:10
Moët Hennessy, the wine and spirits division of LVMH, is cutting roughly 1,200 jobs and pulling back from a string of acquisitions made under its previous chief executive, and Jay-Z's Armand de Brignac champagne brand is among the bets now under scrutiny.