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One
morning in October 1997, Pierre Lawton, a Bordeaux Wine
merchant, sat down in Hong Kong, with one of his good
customers, an importer who placed a substancial order
for the top châteaux in the acclaimed 1995 vintage.
After lunch, the importer discovered that the Hong Kong
market had crashed. Apologetically, he canceled his
order.
Lawton who founded his firm 10 years ago at 29, was
disappointed but not concerned. "I knew the wines
were excellent and would increase in value," he
recalls "and in any case I had plan my trip around
a sailing competition in Japan."
A
week later Lawton's team won the championship in the
Dragon Class at Osaka, and within 6 months the price
of the 1995s in his inventory had doubled.
This
worldly combination of insouciance, risk tasking, wide-ranging
travel, and non-vinous interests is typical of many
of the new generation in the Bordeaux wine trade, a
group that includes merchants, brokers, and public relations
professionals, as well as the sons and daughters of
château owners.
WINE
ENTHUSIAST NOVEMBER 1998
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