Connect with us

Business

Jay-Z sells half of champagne brand known as Ace of Spades to luxury giant LVMH – NEWS.com.au

Jay-Z sells half of champagne brand known as Ace of Spades to luxury giant LVMH

Published

on

Article feature image

Jay-Z was likely popping some bubby as the hip-hop star announced that hed sold half of his high-end champagne brand, Armand de Brignac, to Moët Hennessy.The wine and spirits division of French luxury giant LVMH said it’s buying 50 per cent of the music mogul’s champagne line – which is popularly known as Ace of Spades due to the brand’s logo.
According to a release, Jay-Z’s bubbly has been a hit in North America, Asia and Europe, with over 500,000 bottles sold in 2019.
He first bought a 50 per…

Click here to view the original article.

Continue Reading
Advertisement

You might also like ...

Why the Painchek (ASX:PCK) share price is edging higher today
Article feature image
Here are 3 ASX 200 diamonds in the spotlight while the market sank today – The Motley Fool Australia