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Pinault woes may force Château Latour sell-off


Don Giovanni

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Pinault woes may force Château Latour sell-off

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THE future of the renowned Château Latour vineyard was in question last night after it emerged that the investment bank Lazard is discreetly offering the label for sale to French competitors.

Owned by the French business tycoon and president of the luxury-goods group PPR, François Pinault, Château Latour is regarded as one of the finest wines from the Medoc region.

Pinault, whose stable of businesses includes Christie’s auction house and the fashion brands Gucci and Puma, acquired the winery in 1993 for £86m when it became part of his holding company Artemis.

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