Yes, that is correct, but AFAIK the Classic range isn't made anymore (even though I think AFPOS still have a number of pairs for sale). They do have a country line still I think, which is just below Premier. /C
Just received a pair of Loakes from AFPOS. Shipped from the UK to Australia in a matter of days, free shoe trees and a free tin of Saphir polish. And they fit perfectly. Great service; thank you Julian and Sarah.