It seems like Jay z stays winning. Jay Z acquired the luxury champagne brand, nicknamed Ace ofSpades, from Sovereign Brands, it was announced yesterday. Check out the deets below.
Via Rap-Up.com:
“We are proud to announce that Sovereign Brands, a New York-based wine and spirits company owned by the Berish family, has sold its interest in the Armand de Brignac (‘Ace of Spades’) Champagne brand to a new company led by the globally renowned Shawn ‘Jay Z’ Carter,” Sovereign Brands said in a statement.
Yvonne Lardner, global director of brand communications for Sovereign, toldThe New York Times: “We have had a wonderful relationship with Jay Z throughout the years since he first discovered Armand de Brignac. He became interested in owning the brand and made us an offer we simply couldn’t refuse.”