INSIDER
Sunken treasure: Is the champagne nestled in a 19th-century shipwreck still fit for a toast?
Read full article: Sunken treasure: Is the champagne nestled in a 19th-century shipwreck still fit for a toast?A team of Polish divers has discovered the wreckage of an old sailing ship loaded “to the brim” with luxury goods including porcelain items and about 100 bottles of Champagne and mineral water off the Swedish coast.
Villa's Champions League qualification gets royal approval as Postecoglou questions culture at Spurs
Read full article: Villa's Champions League qualification gets royal approval as Postecoglou questions culture at SpursThe Premier League’s fourth and final representative for next season’s Champions League will be Aston Villa after fifth-place Tottenham's 2-0 loss to Manchester City.
Madam Zero’s guide to champagne this holiday season
Read full article: Madam Zero’s guide to champagne this holiday seasonLooking to make your holiday festivities pop? Just add champagne. Matthew Massey, Founder of the first Texan champagne house, Madame Zero, pops by Studio B with bubbly tips on which holiday beverage works best for a dinner party or as a present.
Moet Hennessy buys 50% stake in Jay-Z's Champagne brand
Read full article: Moet Hennessy buys 50% stake in Jay-Z's Champagne brandMoet Hennessy is acquiring a 50% stake in the rapper and entrepreneur's Champagne brand, Armand de Brignac, in an effort to up its cool factor and expand sales. Jay-Z, whose real name is Shawn Carter, said the partnership will help Armand de Brignac grow and flourish. (Photo by Greg Allen/Invision/AP, File)Moet Hennessy is acquiring a 50% stake in rapper and entrepreneur Jay-Z’s Champagne brand in an effort to up its cool factor and expand distribution. Moet Hennessy President and CEO Philippe Schaus said Armand de Brignac breaks barriers and reflects contemporary ideas of luxury, even as it supports historic Champagne-making traditions. Moet Hennessy is the wine and spirits division of luxury goods company LVMH.
Writing off more of that 3-martini lunch is causing a stir
Read full article: Writing off more of that 3-martini lunch is causing a stirBut experts say it’s scant immediate help for an industry reeling from the pandemic, while critics deride it as an insensitive “three-Martini lunch” giveaway to business. The under-the-radar provision in the bill restores the full deductions prized by business and lobbyists for fine dining and schmoozing. The full tax deductions for business meals in restaurants or taken out or delivered are temporary, only for 2021 and 2022 — unless extended by later legislation. The president and the Republican lawmakers advocating the restoration of corporate tax deductions say doing so could help shore up the restaurant industry. The deductions tend to favor higher-end restaurants, the part of the industry that’s been hardest hit by the pandemic’s economic disruption.
Paris police briefly evacuate Eiffel Tower after bomb threat
Read full article: Paris police briefly evacuate Eiffel Tower after bomb threatFrench police officers secure the bridge leading to the Eiffel Tower, Wednesday, Sept. 23, 2020 in Paris. Paris police have blockaded the area around the Eiffel Tower after a phone-in bomb threat. (AP Photo/Michel Euler)PARIS – Paris police briefly evacuated the Eiffel Tower and blockaded the surrounding area Wednesday after a phone-in bomb threat. All tourists inside the monument were evacuated after an anonymous caller phoned police Wednesday morning and said a bomb had been placed inside the tower, according to an official with the tower’s management company. While the Eiffel Tower is scheduled to be open every day, it occasionally closes because of suicide threats, bomb threats or labor strikes.
Champagne makers fix harvest quotas, as virus kills the fizz
Read full article: Champagne makers fix harvest quotas, as virus kills the fizzA waitress serves a glass of champagne at La Grande Georgette restaurant in front of the cathedral in Reims, the Champagne region, east of Paris, Tuesday, July 28, 2020. (AP Photo/Francois Mori)PARIS French Champagne producers decided Tuesday to put unprecedented limits on the quantity of grapes theyll harvest this year in hopes of propping up prices and containing damage from the coronavirus pandemic. But for the Champagne Committee, the influential group that represents 16,000 vintners around France's Champagne region, thats the price to pay for saving their luxury business. But this years discussions took on unprecedented importance after the industry collectively lost $2 billion in sales because of virus lockdown measures. Champagne revenues this year have already fallen by a third, a plunge unmatched in living memory.
Champagne losing its fizz as global pandemic clobbers sales
Read full article: Champagne losing its fizz as global pandemic clobbers salesA waitress serves a glass of champagne at La Grande Georgette restaurant in front of the cathedral in Reims, the Champagne region, east of Paris, Tuesday, July 28, 2020. Producers in Frances eastern Champagne region, headquarters of the global industry, say theyve lost about 1.7 billion euros ($2 billion) in sales this year, as turnover fell by a third a hammering unmatched in living memory, and worse than the Great Depression. (AP Photo/Francois Mori)REIMS Champagne is losing its fizz. It should not be forgotten that (champagne) has lived through every single war," said Paul-Francois Vranken, founder of Vranken-Pommery Monopole. Selosse, who produces many natural champagnes with no added sugar, also hopes the pandemic will encourage thought about future champagne marketing and how the multi-billion dollar industry is restructured.
Wine sold for $220,000 at this year’s Rodeo Uncorked Champion Wine Auction
Read full article: Wine sold for $220,000 at this year’s Rodeo Uncorked Champion Wine AuctionHOUSTON – This year’s Rodeo Uncorked Champion Wine Auction was on Sunday, and the winning wine sold for $220,000. Buyers gathered at the annual auction to spend some money and sample some wine. The grand champion best in show wine, a France’s Piper-Heidsieck Brut, Champagne, NV sold for $220,000 to buyers Katherine Cornell and Tom Pirtle, Kristina and Paul Somerville, Jennifer and Joe Van Matre and Sheridan and John Eddie Williams. The reserve grand champion best in show wine sold for $215,000. Lisa Blackwood, Abbot Downing, Randa and Ray Gilliam and The Murski Family Foundation bought the wine.