Langtons unveils its inaugural Classification of International Wine
Australia’s fine wine authority Langtons has unveiled its inaugural Classification of International Wine, set to “equip fine wine enthusiasts with a relevant and data-driven guide for investment, collection and enjoyment”. “The inaugural Langtons Classification of International Wine indicates a strong and competitive secondary market, with investors shifting their focus on fine wine as not just passion-led play, but as a strategic asset,” said Michael Anderson, Langtons head of auction. By expanding its classification globally, Langtons’ objective is to create a definitive guide of “the world’s finest wines where local Australian producers take their rightful place alongside the very best”. The list features a total of 122 French wines, with Italy holding the second largest share at 17 wines and New Zealand in third place with nine. In terms of varieties, Chardonnay came out on top, a “surprising first place over Bordeaux Cabernet Sauvignon, but a result aligning with the wider shift towards cool-climate, lighter style wines as defined in the Classification of Australian Wine”.