Press Releases

  • 08.07.2018
    Algodon Wines & Luxury Development Group Announces Progress on Transition to a Diversified Luxury Goods Company

    Algodon Wines & Luxury Development Group Announces Progress on Transition to a Diversified Luxury Goods Company

    Company to Change Name to Algodon Group to Reflect Expanded Growth Strategy


    NEW YORK, Aug. 07, 2018 -- Algodon Wines & Luxury Development Group, Inc. (OTCQB:VINO), a collection of luxury assets, real estate holdings and premium wines based in Argentina, today announced that it has made further progress with its updated growth strategy of transitioning into a diversified luxury goods company, as it expands beyond its existing businesses of premium wines and luxury real estate development.

  • 05.23.2018
    Algodon Fine Wines Announces New Arrival of United States Wine Shipment

    NEW YORK, May 23, 2018 (GLOBE NEWSWIRE) -- Algodon Wines & Luxury Development Group, Inc. (OTCQB:VINO), a collection of luxury assets, real estate holdings and premium wines in Argentina, has fulfilled a restocking order for its portfolio of award-winning Malbec wines from its partner and East Coast distributor, Sherry-Lehmann Wine & Spirits, based on the success of its initial purchase order in 2017.

  • 05.11.2018
    Algodon Wines & Luxury Development Group Partners with Spec’s Wines, Spirits & Finer Foods for Distribution in South West Region of the United States

    NEW YORK, May 11, 2018 -- Algodon Wines & Luxury Development Group, Inc. (OTCQB:VINO), a collection of luxury assets, real estate holdings and premium wines in Argentina, has partnered with Spec’s Wines, Spirits & Finer Foods, a well-known retailer in Texas, to expand distribution of Algodon Fine Wines’ portfolio of award-winning Malbec wines throughout the Southwest United States. 

  • 05.02.2018
    Algodon Wines & Luxury Development Group Partners with Château de Messey for Distribution in France, Switzerland and Belgium

    NEW YORK, May 02, 2018 (GLOBE NEWSWIRE) -- Algodon Wines & Luxury Development Group, Inc. (OTCQB:VINO), a collection of luxury assets, real estate holdings and premium wines in Argentina, has partnered with Château de Messey, a highly respected French vineyard and wine reseller, to expand distribution of Algodon Fine Wines’ portfolio of award-winning wines throughout France, Switzerland and Belgium.  Algodon wines have commenced selling on Château de Messey’s website here.

  • 04.20.2018
    Algodon Wines and Luxury Development Group Unveils Designer Fashion and Accessories Label: Gaucho - Buenos Aires

    NEW YORK, NY -- (Marketwired) -- 04/20/18 -- Algodon Wines & Luxury Development Group, Inc. (OTCQB: VINO), a collection of luxury assets, real estate holdings and premium wines in Argentina, today announced the unveiling of its new designer fashion and accessories label, Gaucho - Buenos Aires, to be launched on Algodon's new e-commerce platform at GauchoBuenosAires.com. Founded by entrepreneur Scott Mathis and headed up by Argentine designers Santiago Gallo and Carmen Vils, Gaucho - Buenos Aires harnesses all these characteristics. Blending the quality of a bygone era with a sophisticated, modern, global outlook, the brand's beautifully handcrafted clothing and accessories herald the birth of Argentina's finest designer label. Gaucho - Buenos Aires expects to release its initial collection in Fall/Winter 2018.

  • 04.13.2018
    Algodon Wines & Luxury Development Group Partners with Wally’s Wine and Spirits for California Distribution

    NEW YORK, NY – April 13, 2018 – Algodon Wines & Luxury Development Group, Inc. (OTCQB: VINO), a collection of luxury assets, real estate holdings, and premium wines in Argentina, has partnered with Wally’s Wine and Spirits, a leading purveyor of wine and spirits in the greater Los Angeles area, to expand distribution of Algodon Fine Wines’ portfolio of award-winning Malbec wines throughout California.

    Wally’s Wine and Spirits was founded in 1968, in 2013 Paul and Maurice Marciano, founders of the iconic denim lifestyle brand GUESS, partnered with Christian Navarro, “the wine therapist to the stars” to purchase Wally’s Wine and Spirits. In December 2014, they expanded Wally’s into a second location in Beverly Hills, also adding on a gourmet food store, a highly acclaimed wine tasting bar, and an award-winning restaurant.

    In December of 2017, Algodon Fine Wines began selling at both the Los Angeles and Beverly Hills Wally’s locations as well as on their website, www.wallywine.com. A formal Algodon launch dinner will be held in Los Angeles in late May for Algodon Fine Wine’s partners, investors and enthusiasts.

  • 3/27/2018
    Algodon Wines & Luxury Development Group Receives Deed Approvals for Algodon Wine Estates Lots

    Algodon Wines & Luxury Development Group Receives Deed Approvals for Algodon Wine Estates Lots
    Algodon to Record First Lot Sale Revenues of Approximately $870,000

    NEW YORK, NY--(NEW YORK, NY--(March 27, 2018) - Algodon Wines & Luxury Development Group, Inc. (OTCQB: VINO), a real estate development brand with luxury lifestyle assets and premium wines in Argentina, today announced that it has received deed approval from the Cadastral Agency of Mendoza for certain Phase 1 lots on the Algodon Wine Estates property. All figures below are estimated in U.S. dollars, which are subject to currency fluctuations.

    Algodon Wine Estates, spanning four phases of development, includes approximately 350 planned lots ranging from .5 to 7 acres, with 97 lots from Phase 1 of the master plan currently available for private sale and development. Revenues for each lot sale can only be recognized once the lots are deedable and final deeds are delivered to the buyers. Certain of the Phase 1 lots on Algodon Wine Estates' property were deeded and sold to buyers, representing $870,000 in recognizable revenues in Q1 2018. As part of these deed approvals, Algodon successfully delivered on all infrastructure requirements for the property as specified by the Cadastral Agency of Mendoza.

    In Q2 2018, Algodon expects to be approved for deeding another 19 Phase 1 lots, and in the next 12 months, expects to deed the remainder of the 97 Phase 1 lots.

  • 1/29/2018
    Huffington Post Highlights Algodon Mansion in Review of Luxury Buenos Aires Hotels

    Algodon Wines & Luxury Development Group, Inc. (OTCQB: VINO), a real estate development brand with luxury lifestyle assets and premium wines in Argentina, today announced that Algodon Mansion has been featured in an article by Huffington Post.

     

    The article, A Luxury Stay in Buenos Aires| Five Hotels, Five Personalities, provides an overview of five luxury hotels in the city that “embody the breadth and diversity of options for accommodations in contemporary Buenos Aires.”  The five hotels include: Algodon Mansion, Palacia Duhau - Park Hyatt Buenos Aires, Faena Buenos Aires, Hotel Club Frances, and Alvear Palace. 

  • 12/01/2017
    Algodon Fine Wines Wins Gold at the 2017 New York World Wine & Spirits Competition

    NEW YORK, NY--(Marketwired - December 01, 2017) - Algodon Wines & Luxury Development Group, Inc. (OTCQB: VINO), a real estate development brand with luxury lifestyle assets and premium wines in Argentina, has been awarded a gold medal at the 2017 New York World Wine & Spirits Competition for its 2014 Bonarda.

  • 11/17/2017
    Algodon Fine Wines Rolls Out Portfolio of Malbec Wines with Sherry-Lehmann in New York and Surrounding East Coast States

    NEW YORK, NY--(November 17, 2017) - Algodon Wines & Luxury Development Group, Inc. (OTCQB: VINO), a real estate development brand with luxury lifestyle assets and premium wines in Argentina, has commenced the rollout of its Malbec wines with Sherry-Lehmann Wine & Spirits, a leading wine and spirits merchant, now bringing Algodon Fine Wines' portfolio of award-winning Malbec wines produced in the San Rafael, Mendoza wine region of Argentina to select cities on the East Coast of the United States. To order your favorite Algodon Fine Wines, please visit sherry-lehmann.com.

  • 10.03.2017
    Algodon Wines & Luxury Development Group Holds Annual Stockholder Meeting

    NEW YORK, NY--(Marketwired - October 03, 2017) - Algodon Wines & Luxury Development Group, Inc. (OTCQB: VINO), a luxury lifestyle and real estate development brand with premium wines in Argentina, held its annual stockholder meeting on September 28, 2017. Algodon's stockholders approved, among other proposals, the election of two new directors, Marc Dumont and Steven Moel to serve on its Board of Directors for a three-year term effective upon the listing of Algodon's common shares to a national exchange in the United States. Scott Mathis, Julian Beale, and Peter Lawrence, the Company's current directors, were also re-elected to the Board of Directors for a three-year term to serve until the 2020 annual meeting of the Company's stockholders.

  • 8/25/2017
    Algodon Wines & Luxury Development Group Completes Strategic Land Acquisition

    NEW YORK, NY – August 24, 2017 – Algodon Wines & Luxury Development Group, Inc. (OTCQB: VINO), a real estate development brand with luxury lifestyle assets and premium wines in Argentina, has completed the strategic acquisition of additional land directly adjacent to the existing Algodon property. The new parcel measures 845 hectares or 2,088 acres, more than doubling the size of Algodon Wine Estates.

    This new land, which is on the Southwest end of the existing estate, brings Algodon Wine Estates to a total of 4,138 acres, providing room for continued expansion and growth. Algodon is considering various use cases for the new land, including the development of Private Estancias, Vineyard Villas and additional estate lots. An expansion of vineyard operations and the development of supplementary agricultural revenue streams are also being considered.

  • 05.17.2017
    Algodon Wine Estate’s Malbec Featured at Michelin 3-Star Restaurant, The Fat Duck, in West London

    NEW YORK, NY – May 17, 2017 – Algodon Wines & Luxury Development Group, Inc. (OTCQB: VINO), is proud to announce that Algodon Fine Wine's Malbec is now featured on the esteemed wine list of West London’s The Fat Duck, a Michelin 3-Star Restaurant, and arguably the U.K.’s most famous eatery, having won top international honors such as restaurant of the year, Best Restaurant in the World and Best Restaurant in the U.K.

  • 05.09.2017
    Algodon Fine Wines Partners with Sherry-Lehmann

    NEW YORK, NY – May 9, 2017 – Algodon Wines & Luxury Development Group, Inc. (OTCQB: VINO), a real estate development brand with luxury lifestyle assets and premium wines in Argentina, has partnered with Sherry-Lehmann Wine & Spirits, a leading wine and spirits merchant to bring Algodon Fine Wines’ portfolio of award-winning Malbec wines produced in the San Rafael, Mendoza wine region of Argentina to the United States. This partnership represents Algodon Fine Wines’ first U.S. retailer with more national and regional wine merchants to be announced in the coming months.

  • 03/06/2017
    Gaucho Wine Escape

    We were now in gaucho country at the Algodon Wine Estates in San Rafael, where we enjoyed and entirely different style of wine resort. The vineyard here is vast and beautiful however the best part is that you can purchase your own little piece of paradise here. 

  • 03/06/2017
    Algodon Fine Wines to be Featured on South American Sea Cruise, Land and Vineyard Holiday

    Land and Vineyard Holiday Include Tour and Accommodations at Algodon Mansion & Wine Estates

    NEW YORK, NY--(March 06, 2017) - Algodon Wines & Luxury Development Group, Inc. (OTCQB: VINO), a real estate development brand with luxury lifestyle assets and premium wines in Argentina, is proud to announce that its fine wines will be featured on Cruise Planners' 15-night South American cruise, land and vineyard holiday, which includes a sea adventure on Ocean Cruises' Sirena, from October 30 to November 13, 2017.

  • 10.19.2016
    Algodon Fine Wines Wins Gold in Global Malbec Masters 2016

    Global Masters of Wine & Master Sommeliers Award Prestigious Gold Medal to Algodon's 2012 Black Label Malbec

    NEW YORK, NY -- (Marketwired) -- 10/19/16 -- Algodon Wines & Luxury Development Group, Inc. (OTCQB: VINO), a real estate development brand with luxury lifestyle assets and premium wines in Argentina, has been awarded a gold medal in the Global Malbec Masters 2016 Wine Competition for its 2012 Black Label Malbec.

  • 10.13.2016
    Algodon Wines & Luxury Development Group Partners with Ginevra Sotheby’s International Realty for Exclusive Vineyard Estate Lot Sales at Algodon Wine Estates

    Global Provider of Luxury Real Estate Brokerage to Market Algodon’s Luxury Vineyard Estates in San Rafael, Mendoza, Argentina

    NEW YORK, NY – October 13, 2016 – Algodon Wines & Luxury Development Group, Inc. (OTCQB: VINO), an emerging luxury brand and luxury real estate developer, has selected Ginevra Sotheby's International Realty to provide sales representation for the company's luxury residential development in the San Rafael, Mendoza wine region of Argentina. Algodon Group's collection of luxury assets currently includes Algodon Fine Wines, Algodon Wine Estates, Algodon Wine & Wellness Resort, Algodon Mansion, and Algodon Extra Virgin Olive Oil.

  • 10.11.2016
    Algodon Mansion Recognized as Top 20 International Hideaway for Andrew Harper's 2016 Readers' Choice Awards Luxury Boutique Hotel in Recoleta Neighborhood of Buenos Aires Takes 8th Place from Leading Travel Publication in Luxury Travel
  • 09.12.2016
    Algodon Wines & Luxury Development Group Commences United States Rollout of Fine Malbec Wines with Seaview Imports NEW YORK, NY - September 12, 2016 - Algodon Wines & Luxury Development Group, Inc. (OTCQB: VINO), a real estate development brand with luxury lifestyle assets and premium wines in Argentina, has appointed Seaview Imports as its sole U.S. agent and importer of Algodon's complete portfolio of fine wines produced in the San Rafael, Mendoza wine region of Argentina.

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