Champagne Endorsed by Restaurants
Posted 26 September 2002 - 02:29 PM
Posted 26 September 2002 - 08:30 PM
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Posted 26 September 2002 - 10:05 PM
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Posted 27 September 2002 - 09:25 AM
In fact 50% of retail bottle price is often what a glass of wine costs in a top restaurant--or am I mistaken?
that's been my experience as well.
Do you have a sense of how the wholesale and retail prices relate in New York? For example, does that $30 bottle at Sherry-Lehman cost S-L $20, or $25 or $28? In NJ, the retail price for spirits may be as low as a penny over wholesale price.
I'm assuming the endorser gets some royalty from the sale, probably paid to an offshore intellectual property or royalty trust to keep it outside US taxation.