KRUG OFFERS NEW $3,000 CHAMPAGNE

LVMH-owned Krug is offering a new single-vineyard Champagne developed by former managing director and winemaker, Rémi and Henri Krug, and Henri’s son, Olivier Krug, who is the current managing director. The new wine, Clos d'Ambonnay 1995, has one of the highest-ever price tags of a newly released wine, currently estimated at $3,000 to $3,300 per bottle. Made entirely of Pinot Noir, the wine hails from the Ambonnay village in Montagne de Reims, rated grand cru. The wine will hit US shelves in the spring of 2008.