Jay-Z Teams Up With Moet Hennessy

The French company Moet Hennessy has acquired a 50% stake in the Champagne brand Armand de Brignac, also known as Ace of Spades, which is owned by rapper and entrepreneur Jay-Z (Carter). Jay-Z initially boosted the Moet Hennessy brand by featuring it in a music video. After a fallout with rival brand Crystal, which he accused of racism, Jay-Z bought Ace of Spades. The new partnership with Moet Hennessy is expected to help the brand grow, leveraging Moet Hennessy's expertise in developing luxury brands.

Which company is acquiring a stake in the Champagne brand Ace of Spades?

• Veuve Clicquot

• Perrier-Jouët

• Dom Pérignon

• Moet Hennessy

What was the reason behind Carter's fallout with the brand Crystal?

• Quality concerns

• Pricing issues

• Accusations of racism

• Distribution problems

In which year did Carter purchase Ace of Spades?

• 2006

• 2010

• 2014

• 2018

What does Carter hope to achieve with the new partnership with Moet Hennessy?

• Grow and flourish the brand

• Expand to new markets

• Increase production

• Reduce costs

What is Moet Hennessy known for in the luxury market?

• Specializing in fashion

• Focusing on technology

• Creating budget-friendly products

• Developing luxury brands