Peach juice, a touch of rosewater and a dash of nutmeg turn a bottle of Merlot into a delicate-tasting hot drink with floral overtones that ladies will love. Best of all, it's festive enough to taste like the holidays, yet sufficiently suggestive of summer to put one in a lightened, warm-weather mood. Even if you mix this ahead, don't add the rosewater until shortly before serving since the fragrance and flavor will dissipate when reheated.
