New York-based Sovereign Brands sold the luxury champagne, often referred to as Ace of Spades, for an undisclosed amount to the music mogul.
The golden bottle featured in Jay Z’s 2006 music video and retails for $300 (£188).
Related articles:
Jay Z buys Armand de Brignac Champagne
06 November, 2014
|
US rap star Shawn ‘Jay Z’ Carter has bought the Armand de Brignac Champagne brand.
Digital Edition
Comment
Ben Branson
Ben Branson: Why non-alcoholic pricing is right
The pricing structure of non-alcoholic spirits has a high level of elasticity - there’s already a broad spectrum of price points which consumers are trying to navigate.
