Word: cabernets
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...sold no top-flight Bordeaux; today, with a wide selection, it sells more than any other U.S. retailer. At the same time, Andrew catered to Costco's bargain hunters, introducing boutique wines at attractive prices--for example, Chateau Salitis, a French blend of Grenache and Syrah with dollops of Cabernet and Merlot. The vintner produces just 5,000 cases a year, nearly all of which Andrew snaps up. "It's a wonderful little wine," he says. Price: $6 a bottle. Costco's maximum markup is 14% above its wholesale cost, compared with 35% to 40% at a typical wine shop...
Moramarco's acquisitions for Canandaigua are aimed at easing the company away from the jug-wine market toward the least expensive varietals--wines labeled Cabernet, Merlot, Chardonnay and such--selling at $3.50 to $5, and the slightly more expensive premium wines priced at $7 or more. This move upmarket is happening across the industry, from the behemoth Gallo to medium-size upscale wineries that must increase revenue or fall victim to takeovers--particularly in Napa, whose prestigious name puts it on the wish list of every ambitious wine company in the world...
...WIEGAND Cabernet-based De Toren Fusion V, 2000 IMMER Cakebread Chardonnay, 2000 KOPEC Domaine Ramonet Chassagne-Montrachet White Burgundy...
...vermilion liquid around his glass. "But I'm seeing the savory side of the bottle aging?a certain leathery character and a lot of lanolin." Travel in New Zealand and you had better learn to speak the language of vintners and wine tasters. You might find yourself chatting about Cabernet with a cabbie, and Pinot Noir with a parking attendant...
...York State liquor authority might want to investigate, as the legal age for drinking alcohol in New York is 21. In describing how the partnership came together, you noted that Bertelsmann chief Thomas Middelhoff and Napster founder Shawn Fanning consumed a bottle of "$219 Phelps Insignia Cabernet" wine with their power lunch at a New York City restaurant. Perhaps that was the reason why 20-year-old Fanning was so "entranced" by the German media giant. Should the deal turn sour, I'll wonder if the alcohol Fanning consumed distorted his judgment. GEORGE W. ROTH Boston