Krug is latestr jewel in LVMH's crown
Article Abstract:
Bernard Arnault, leader of luxury goods firm LVMH Moet-Hennessy Louis Vuitton, has orchestrated the acquisition of Champagne Krug from Remy Cointreau for 1 billion francs. The Krug family will still control the workings of the company. LVMH paid the hefty price as a part of its bid to become dominant in the luxury goods market and because of the impressive holdings of Krug.
Publication Name: The Wine Spectator
Subject: Food and beverage industries
ISSN: 0193-497X
Year: 1999
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DRC shines among late-release '96 red Burgundy
Article Abstract:
The 1996 Domaine de la Romanee-Conti late-release red Burgundies are all outstanding, rating between 91 and 98 on the 100-point scale. The wines are quite expensive, with some costing over $1000. They have a more elegant and refined taste than the '95 vintage.
Publication Name: The Wine Spectator
Subject: Food and beverage industries
ISSN: 0193-497X
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
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