Word: cognacs
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Dates: during 1980-1989
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...corporate terms, it is the equivalent of a high-society marriage that has unexpectedly turned up in the gossip columns. Moet-Hennessy, the esteemed producer of champagne, Cognac and perfume, agreed in June 1987 to merge with Louis Vuitton, the equally upscale maker of luggage and handbags bearing the distinctive LV trademark. After the deal was signed, the top executives of the two French firms raised champagne glasses to toast their new creation, LVMH Moet Hennessy Louis Vuitton, one of the world's largest luxury-goods conglomerates (projected 1988 revenues: $2.6 billion...
...tension between two of France's most successful -- and strong-willed -- business leaders was probably inevitable. Chevalier is a dapper former steel executive who arranged the original merger of the Moet champagne concern with the Hennessy Cognac empire in 1971. Under the reorganization plan, he will continue to represent the interests of the Moet, Hennessy and related families, which together control 20% of the company. Racamier, another former steel executive, will speak for the Vuitton interests, which control 30% of the merged firm. Married to a Vuitton heiress, Racamier led the concern for the previous decade and propelled sales from...
...miracle, but it is a foretaste of the paradise for which they have prayed all their pinched and gloomy lives. And Axel is a worthy saucier's apprentice. His orchestration of this parable matches her culinary skills in subtlety, verve and perfect taste. From soup to cognac, Babette's Feast is delicious, a meal that memory will forever savor...
...Uptown Down Home Cookbook (Little, Brown; 235 pages; $17.95). This culinary memoir is built around the foods of the author's North Carolina childhood, but it also encompasses recipes that Hovis developed in a career as a New York City food stylist and caterer -- chicken breasts in orange-cognac sauce, or a watercress, cucumber and avocado soup...
...March the E.C. effectively cut off some $400 million in U.S. grain exports to Spain after that country entered the Community. Unless adequate compensation was provided, the U.S. said, it would impose crippling 200% duties at 12:01 a.m. last Friday on such Community exports as British gin, French cognac and Dutch cheese. Finally, about four hours before the deadline last week, a settlement was reached and the shoot-out was called...