Yea, I was shocked when they bought heritage and was sad at a good friend being surplus to requirements when he’d been there for a long time (he wasn’t high enough yo the chain to get the windfall).
Tbf to Scot and that group, at least they sold at peak as opposed to now. I’m happy to provide any advice I can as to who you land with. But I don’t have upper connections.
With cocktails now pricing out at $25 at any restaurants in NYC, I have found myself opting for wines by-the-glass when something interesting presents (interesting = a wine of interest for producer/terroir etc., not on value).
I think that’s about right. When cocktails are priced the same or more than a glass of wine of interest, I will get the glass of wine. Partly due to personal preference.
Twenty dollars sounds high to me. What city are you in?
I see mostly $12-15 for wine btg in Baltimore and suburbs. A high end place like Charleston restaurant in Baltimore, which just got the James Beard award for their wine program, has btg offerings from $9-20 for a 3-oz pour and $14-38 for a 6-oz pour. Their “rarities” list btg ranges from $13-114.
In NYC, it starts at $15 and goes up to $25 on many lists. If you look at Compagnie, Lelabar, Temperance, Terroir, they all have cheaper to more expensive btg and it mostly stays in that range. I guess it’s averages out to $20…
Spoke with an importer a couple weeks ago. Evidently there are ways to sidestep a good portion of the tariffs. I guarantee some will do this to some extent. What I don’t know is if they’ll still price everything as if they paid the full toll.
A pretty frightening thought on 30% tariffs if they should occur. If importers pay and pass along the full increase it will amount to more than a 30% increase for the consumer. But let’s just say it is a pure 30% bump. That’s going to bring the ‘average’ glass of imported wine to $26. 3 glasses and a tip and you’re already around $100 before food. And let’s be honest, most of that kind of wine isn’t very interesting.
Happy I have found a few domestic fermented beverages I like.
if you recall during the previous tariff spat many imported wines were suddenly labeled as 14.1% in order to flout the rules. perhaps there is some other loophole this time around as well.
I prefer not to say publicly. Gotta keep my sources
It’s both clever, simple, and technically legal unless and until someone wants to dig in a little. Even then, as long as it’s done with modesty by not going whole hog, I suppose it will work. I also think smaller players flying under the radar will have an easier time of it but imagine all could do it to some degree and most likely will.