Langton’s classification of Australian wine — the market’s scorecard
Every five years, Langton’s, a wine auction specialist belonging to Woolworths, updates its classification of Australian wines. Unlike all the other wine-rating systems, based on the judgement of individual palates, Langton’s derives its classification from the volume and value of wine it sells at auction. The rankings are therefore based on perceptions of value and … Continue reading Langton’s classification of Australian wine — the market’s scorecard