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Film Star Leonardo DiCaprio Invests In French Champagne Brand Telmont

Published on Feb 24 2022 3:21 PM in Drinks tagged: Remy Cointreau / Leonardo DiCaprio / Telmont

Film Star Leonardo DiCaprio Invests In French Champagne Brand Telmont

Hollywood actor Leonardo DiCaprio has bought an equity stake in French champagne house Telmont, its majority owner Remy Cointreau RCOP.PA has said, as luxury brands strike partnership deals with celebrities to broaden their appeal.

Statement By DiCaprio

"From protecting biodiversity on its land, to using 100% renewable electricity, Champagne Telmont is determined to radically lower its environmental footprint, making me proud to join as an investor," DiCaprio said in a statement.

Jay-Z's Armand De Brignac Champagne Brand

In February of 2021, LVMH's LVMH.PA Moet Hennessy bought a 50% stake in rap star Jay-Z's Armand de Brignac champagne brand.

Telmont Information

The Telmont champagne house was founded in 1912 and French drinks company Remy Cointreau, the rivals of which include Pernod Ricard PERP.PA and Diageo DGE.L, bought a majority stake in it in October 2020.

Partnership Deals With Celebrities

Historic luxury brands around the world have struck partnership deals with celebrities in their bid to lure younger customers, with Jay-Z's pop star wife Beyonce already involved in the Ivy Park sportswear brand.

DiCaprio Information

DiCaprio is one of Hollywood's most famed actors, winning an Oscar in 2016 for his role in movie The Revenant, while his other hit films have included Titanic and The Wolf of Wall Street.

News by Reuters, edited by Hospitality Ireland. Click subscribe to sign up for the Hospitality Ireland print edition.

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