Chateau Latour put its 2012 vintage on sale through London brokers as the leading Bordeaux estate continued its policy of shunning en primeur sales while making wines available to the market once they have reached a greater stage of maturity.
Latour 2012 was priced at 4,200 pounds ($5,145) per 12-bottle case in bond at IG Wines and 2,100 pounds per 6-bottle case at Armit, according to emails from the two merchants. Armit was offering second wine Les Forts de Latour 2014 at 840 pounds per 6-bottle case and IG Wines a case of 12 for 1,680 pounds.
Latour, owned by French billionaire Francois Pinault, withdrew from the futures market following the 2011 vintage, and since then has focused on releasing selected back vintages when judged ready.
The estate made around 10,000 12-bottle cases of the 2012 vintage and plans to release about two-thirds of that quantity, in line with its traditional sales strategy. Alongside Les Forts de Latour 2014, its also selling the 2015 vintage of its Pauillac label wine, according to Latour President Frederic Engerer.
“After eight years of frustration from our negociants, we are finally coming back with a full range,” Engerer said at a London tasting of the wines late February. “This is the ideal vintage to start. It’s an important moment at Latour.”
Latour’s main wine and Les Forts will both be sold entirely through the Bordeaux merchant system, known as La Place de Bordeaux. “The release of the 2012 will be the biggest release of wine from Latour since stepping back from en primeur,” Engerer said at the February tasting.