Entertainment
Jay Z Buys ‘Ace of Spades’ Luxury Champagne Label
(New York Post) – Jay-Z has a few million reasons to toast.
The rap impresario has long been associated with Armand de Brignac — the Champagne known as “Ace of Spades,’’ due to its distinctive insignia — and now he owns it.
Or at least he owns an indeterminate chunk of the brand produced by Champagne Cattier, a French vintner since 1763, as details released on the deal on Wednesday were murky.
Jay-Z specifically bought the interest in Armand de Brignac held by Sovereign Brands, a New York-based wine and spirits company owned by the Berish family, after submitting an offer a Sovereign spokeswoman said “we simply couldn’t refuse.”