Mar 17, 2008
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World's most expensive champagne woos super-rich

Mar 17, 2008

Photo : AFP
PARIS, March 17, 2008 (AFP) - The world's most expensive champagne, popping the records at 4,166 euros (6,485 dollars) for a personalised bottle of bubbly, goes on sale Thursday March 18thtargeting a "super-rich" global elite.

The limited edition 12-bottle box sets of Perrier-Jouet champagne will be priced at 50,000 euros, according to French drink firm Pernod-Ricard.

Sales will be limited to a "community of super-rich" consumers in the United States, Britain, Japan, China, Russia, Switzerland and France.

"We are going to sell these box-sets to 100 people around the world who will have a chance to customise their own champagne, the ultimate luxury," said Perrier Olivier Cavil, head of communications at Perrier-Jouet.

"Each buyer will come to Epernay (in eastern France) for a one-on-one meeting with our cellar master Herve Deschamps, and will personally add a 'liqueur' to personalise the bottles," he said.

A combination of sugar and wines from different years, the liqueur will put the finishing touch on bottles of Perrier-Jouet's 2000 Belle Epoque champagne.

Buyers will also be offered a storage nest in Perrier-Jouet's cellars, to hold the bottles for another eight months.

The previous price record was held by a limited edition of Dom Perignon champagne, which went on sale in 2005 for 12,000 euros per three-litre bottle.

Pernod Ricard, which owns the champagne brands Mumm and Perrier-Jouet, is the fourth player in a booming global market.

Champagne producers exported 150 million bottles last year, a 7.3-percent jump from 2006, in addition to 188 million guzzled in France, according to industry figures.

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