Word: high-end
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...Colicchio, a judge on Bravo's Top Chef and the owner of the Craft restaurants in New York City and Los Angeles, says food costs still make up 28% to 32% of an entrée's price--only now that means some of his entrées are $50. "The high-end restaurants are looking for stuff made by the small farmer, and this stuff just costs more money," he says. "If you have a small farmer that makes 40 chickens a week, it's going to cost more than a factory farm that's making 4,000 chickens a week...
...going to be a really professional-grade fashion show,†Kim says.What followed was a month-long effort of online research, phone calls and inquiries at designers’ stores in Korea.“We had criteria that included the designer having to be high-end and have had a showing at a fashion week like New York, Toyko or Paris,†Parent says. “The first call we got came from Issey Miyake, which is a very successful brand with beautiful stuff.â€The show will include seven collections from...
There is cause to be pessimistic about the [dearth of]high-end straight plays on the West End and Broadway. But the animal itself seems to be living and breathing, because the supply of new young plays seems to be as rich as ever. It seems that there's an awful lot of people under 30 who actually want to write for the theater. And I don't think it matters finally whether their plays are in a 1000-seat house or in a pub, or anything in between. The fact is that people are attracted to new work...
...real estate frenzy. But you won't find them anywhere near a Las Vegas condo. Instead, their company, Premier Pacific Vineyards, has been snapping up land in prime wine-growing areas of California, Oregon and Washington since 2002. Hill and Wollack are developing vineyards that produce high-end grapes used in premium wines. The play? Bundle their vineyards into a real estate investment trust (REIT), and take it public...
...risk in the industry, which tends to overproduce, often related to the timing of newly planted vines. New plantings generally take three to five years to bear enough fruit to turn a profit, and demand for a particular grape can dry up in that time. Investors are betting that high-end wine is less susceptible to oversupply, primarily because there are only limited areas in the U.S. and Europe where land and climate conditions are right for growing high-quality grapes...