Next time you’re waiting three-deep at the bar for a table at Balthazar, consider Lafayette, a 10- minute walk uptown where the thinner (so far) crowds are happily sucking shrimp heads and quaffing $21 flutes of Billecart-Salmon Champagne.
A case of Musigny Maison Leroy 1985 Cote de Nuits Burgundy with a top estimate of $24,000 is among leading lots in Zachys two-day wine auction in New York this week along with magnums of Louis Roederer Cristal Champagne.
A mural by Banksy which divided the art world after being removed from a London street sold last night at a private event in London for more than 750,000 pounds ($1.1 million), according to the event organizers.
Champagne producers won geographical branding protection from China, underpinning sales in their fastest-growing market, according to the growers’ association Comite Interprofessionel du Vin de Champagne.
After Philippe Varin steered steelmaker Corus Group Ltd. away from bankruptcy 10 years ago, he was made commander of the order of the British Empire for “services to the U.K. steel industry.” As chief executive officer of PSA Peugeot Citroen, there’s scant chance he’ll get a similar honor in France.