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Word: rambuteau (lookup in dictionary) (lookup stats)
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...this is already translating into lower prices, particularly for top-level champagnes. "I haven't seen much of a drop in sales because the best brands have been continuously on sale, with prices permanently lowered by 10%," says Roland Vella, who manages a Nicolas liquor store on the Rue Rambuteau in Paris. Instead of paying the usual $26.50 for a bottle of Mumm's top-of-the-line Cordon Rouge, Vella's customers can buy one for $23.70. Anticipating this year's 250th company anniversary, Moet & Chandon last year even offered two free champagne glasses to anyone who bought...

Author: /time Magazine | Title: Hold The Corks | 10/18/1993 | See Source »

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