Not quite in the spirit of the thread; however, I noticed last night that hedonism actually have a wine at what seems to be the cheapest price in The UK. A first for me. Alkemi Xinomavro Rose FWIW.
In Harvey Nichols last weekend, hoping to snag a bargain in their sale (unsuccessfully) - I noticed this bottle: 50 y/o Moutai (Chinese Spirit) for a staggering £5700. Apparently it’s not even very nice, but more of a social / business bargaining chip.
There is a saying something along the lines of: “those who drink Moutai do not pay for it, and those who buy it do not drink it”
We ate in an Oslo restaurant fully 20 years ago and the wine list was so eye-wateringly expensive there was a bottle of Ernst & Julio Gallo for over £100. ‘Turning Leaf’ mind. Much of that to do with tax of course.
Oddly, some sherry is much more expensive in Spain (which is generally super cheap for wine). The Society sell this for about €27, and a bigger bottle at that.
Some Cream / Medium / PX affordable too, but Jerez, at least in the south, is pretty much synonymous with Fino / Manzanilla. You might find 50 sherries on a supermarket’s aisle and none of them might be oxidative.
Having made many trips to Dubai, crazy prices for wine (albeit a lot of tax) are de rigeur, or at least were until the recent removal of the 30% tax (haven’t visited yet this year to see if it’s being passed on to customers).
I decided not to go to one newish London restaurant recently because of the wine markups being 4-5 times retail (3ish times retail I accept grudgingly). I will probably relent as I want to eat there, but will watch what I drink.
Some spectacular markups at higher end beach clubs like Nikki Beach etc. how about €85 per bottle for Penfolds Koonunga Hill Chardonnay (UK retail around £10)? Or high end Champagne sold in Methuselah for the equivalent of around €3000 per 750ml bottle.
I get frustrated by restaurants that don’t put their wine lists on their website, but somehow it’s even more frustrating when they show the list but not the prices. This is most common with Italian restaurants, I find.
Maybe it’s a case of “if you have to ask you can’t afford it.”
Dubai has become ludicrously expensive as have many airline hub locations, Singapore also. The poor state of of our economy and the perceived lack of clear and focussed strategic direction by the markets is not helping the value of our currency either.
Dubai used to be great value years ago bit not now.