Word: chandon
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During the early 1980s Americans developed a pronounced taste for imported goods, stimulated by the strong buying power of the U.S. dollar. Moet & Chandon champagne could be fetched for a bargain $13 a bottle, and sales of everything from Porsches to Paris designer dresses simply zoomed. But now that the dollar has declined some 40% against major currencies, the U.S. consumer's affinity for imports has grown far more expensive. Alas, Moet in Manhattan now goes for more than...
...Alcohol. For the discriminating palate, the five-year-old Moet and Chandon champagne lists for $30.49 at the Harvard Provision Shop (94 Mt. Auburn). For smaller wallets, they offer Cavas Hill champagne at $6.99. If you're looking for that distinctive, and yet inexpensive, alcoholic gift, there's always Harvard 350th commemorative white wine...
DIED. Olivier Chandon de Briailles, 27, race-car driver, boyfriend of Supermodel Christie Brinkley, and heir to the Moët & Chandon champagne fortune; by drowning, when his 1983 Ralt Formula Atlantic spun out of control at 100-plus m.p.h. during a practice run, careered off the track, exploded and sank in a nearby canal; in West Palm Beach...
...next couple of hours Cornelia sits up high on the back of the banquette that she and her friends always occupy at Xenon, scanning the crowd. She drinks champagne (Moet & Chandon) and flicks Marlboro ashes from her pretty taffeta dress (Fabrice). Some time after 3 a.m., she leaves with Roberto for another discotheque, Studio 54, and stays there until...
...shipped to the U.S. more than twice as much as in 1971. The lesson was not lost on the French. Moët-Hennessy, a Paris-based conglomerate that is France's biggest champagne exporter to the U.S., bought 1,500 Napa Valley acres in 1973. Its Domaine Chandon in 1981 captured an estimated 25% of the market for sparkling wine made by the French method. The company, whose bubbly retails for about $12 a bottle (vs. around $24 for imported Moët & Chandon), plans to produce 5 million bottles annually. By comparison, its parent...