Word: petrus
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Dates: during 2000-2009
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...back on their lavish purchases, including spending on vintage wine. Not so for Chinese investors. China's economy has suffered less and bounced back faster from the financial crisis than the economies of the U.S and U.K. At the Sotheby's auction, a six-Liter bottle of 1982 Chateau Petrus Imperial - described as having a sweet leather taste and a pruney finish - was gaveled off to a mainland Chinese bidder for a record $93,000. "The balance of power in the wine world is now shifting from West to East," explains Gregory De'eb, co-founder of a Hong Kong...
...rich man's toys, which doesn't just mean having boats and fast cars, but also having a great cellar," he says. A 12-bottle case of 2000 Chateau Lafite Rothschild that sold for $8,800 in 2005 cost $20,000 last year, while a case of Chateau Petrus that went for $23,000 two years ago sells for $47,000 now. Most foreign clients buy fine wine as an investment, but some aren't thinking quite so long-term. Miles remembers once getting an urgent order for a case of $2,000 half bottles of 1982 Lafite Rothschild "because...
...glass display case, sit 40 of the great wines from the region, including a 1985 Château Margaux[an error occurred while processing this directive] that's on sale for a mere $1,487.50. Asked if wine is now certifiably hot in China, Mirey, the former sommelier at Petrus, a splashy French restaurant in Hong Kong's Island Shangri-La hotel, grins and says, "Oh yeah." Well, maybe - or maybe not. Despite a proliferation of trendy wine bars and stores in Shanghai and Beijing, China as a whole remains a huge disappointment for the world's winemakers. Just...
...Cost for six executives of Barclays, Britain's largest bank, of a dinner at London's Petrus restaurant...
Gradually, the goddess of the palazzo comes closer. She turns toward you in three-quarters view, in imitation of Flemish painting. (There had been a big vogue in Florence for artists like Hans Memling and Petrus Christus.) This shift is just beginning in Botticelli's portrait of Simonetta Vespucci, but her pearl-encrusted beauty still has the idealized remoteness of myth. From the turn toward the viewer's eye would be born the modern idea of portraiture as the making of a "speaking likeness"--speaking, that is, to a viewer, rather than holding itself aloof. But absolute truth to nature...