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Posted: Friday, April 25 2008. 15:37

Magrez Makes an Offer They Refuse

Wine magnate Bernard Magrez, who was recently featured in delWine, has outraged a group of journalists by offering each of them a Cartier wristwatch worth over $260.

About 50 journalists who had been invited to a lunch before the En Primeur week, hosted by Magrez and his friend and partner in some ventures- the French actor Gerard Depardieu- were offered a bag that contained a press kit and a box which contained the watch.

Many journalists discussed the situation and agreed among themselves that keeping the watches could be misconstrued. Decanter reports that the majority have been returned. One person told Magrez that he had donated the watch to a French homeless charity, Restaurants du Coeur.

'We wanted to show Mr. Magrez that his gesture would not change our professional attitude towards him, or our way of judging wines. We felt the most judicious response would be to give an equivalent sum to a relevant charitable body,' wrote the reporter in an email.

Magrez was not fazed, however, by the reaction of the journalists. 'At 72 I've been around the block a few times, and I know what you should and shouldn't do with respect to journalists,' he said.

'I am not so stupid as to think I can buy them. This lunch was held to commemorate over a total of 1,700 vintages at my three greatest vineyards, and I chose to mark the occasion by engraving a watch. If a few of the invited journalists choose not to keep the watch, that is of course their prerogative.'

The head of Cartier is Alain Dominique Perrin, a friend of Magrez who recently commented that Bordeaux pricing was immoral, and that first growths could not cost more than $24 per bottle to produce.

' Like some of his wines, Bernard Magrez has simply been more grand and obvious in the game that is played across Bordeaux, of providing freebies (expensive wines, dinners, hotel stays, etc.) to those who might be of use to them in pimping their goods, whether they be journalists, bloggers, or critics,' reacts a reader of Decanter.

One company that would not find this episode amusing is the group of Indian importers who have allegedly been buying some of his wines through an associate company of Magrez. Apparently the importer has some payments due to him and has even complained to the French Economic Mission in India, who has promised the importer that he will get his payment very soon.

The billionaire was featured recently in an article published by delwine



       

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