Summary
Gaucho Group Holdings, Inc. Provides Update on Quarterly Report Filing
MIAMI, FL / ACCESSWIRE / November 27, 2024 / Gaucho Group Holdings, Inc. (OTC PINK:VINOQ), a company that includes a growing collection of e-commerce platforms with a concentration on fine wines, luxury real estate, and leather goods and accessories (the "Company" or "Gaucho Holdings"), today provided an update to the timing of filing its Form 10-Q for the quarter ended September 30, 2024 with the Securities and Exchange Commission (SEC). The delay is primarily attributed to the additional requirements and considerations stemming from the Company's recent filing of a voluntary Chapter 11 petition in the U.S. Bankruptcy Court for the Southern District of Florida.
Gaucho Holdings Initiates Chapter 11 Reorganization To Protect Core Assets
Strategic Filing Aims to Protect Operational Continuity for the Benefit of Stockholders MIAMI, FL / ACCESSWIRE / November 13, 2024 / Gaucho Group Holdings, Inc. (NASDAQ:VINO), a company that includes a growing collection of e-commerce platforms with a concentration on fine wines, luxury real estate, and leather goods and accessories (the "Company" or "Gaucho Holdings"), today announcedthat it has filed a petition pursuant to Chapter 11 for a reorganization plan. This decision comes as part of a strategic effort to protect the Company's valuable assets, including Algodon Mansion and Algodon Wine Estates in Argentina, and ensure continued operations while navigating current legal challenges.
Gaucho Holdings Reports Strong Sales Growth and Increased Pricing Power in Argentine Wine Market
YTD Sales Soar 185% With a Significant 40% Increase in Average Sales Price MIAMI, FL / ACCESSWIRE / November 7, 2024 / Gaucho Group Holdings, Inc. (NASDAQ:VINO), a company that includes a growing collection of e-commerce platforms with a concentration on fine wines, luxury real estate, and leather goods and accessories (the "Company" or "Gaucho Holdings"), today announced a significant milestone in its wine sales performance. For the year to date in 2024, the Company's sales have increased by 185% compared to the same period in 2023, coupled with an impressive 40% increase in the average sales price per bottle.
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Gaucho Group Holdings Inc. Profile
| Real Estate Management & Development Industry | Real Estate Sector | Scott Lee Mathis CEO | NASDAQ (CM) Exchange | 36809R206 CUSIP |
| US Country | 80 Employees | - Last Dividend | 25 Sep 2023 Last Split | 23 Sep 2016 IPO Date |
Overview
Gaucho Group Holdings, Inc. engages in the investment, development, and operation of real estate projects in Argentina, with a portfolio that extends across the boutique hotel and luxury vineyard property market, including resort and winery facilities, a 9-hole golf course, tennis courts, dining options, and accommodations. Originally known as Algodon Group, Inc., the company rebranded to Gaucho Group Holdings, Inc. in March 2019. Since its inception in 1999 and based out of Miami, Florida, Gaucho Group Holdings has leveraged its assets to establish a presence in the hospitality sector and diversified into e-commerce, specializing in leather goods, fashion, and home décor.
Products and Services
- Boutique Hotel and Hospitality Services:
- Luxury Vineyard Property Market:
- E-commerce Platforms for Leather Goods and Fashion:
The company owns and operates high-end boutique hotel facilities and hospitality services, focusing on providing luxurious accommodations and exclusive experiences in the heart of Argentina's wine country. This includes a resort and winery property augmented by a 9-hole golf course, tennis courts, and gourmet dining options, catering to both leisure and business travelers looking for unique and immersive hotel stays.
Gaucho Group Holdings takes pride in its involvement with the luxury vineyard property market, operating a winery that produces premium wines. This facet of their business capitalizes on Argentina's rich viticultural heritage, offering wine enthusiasts the opportunity to experience high-quality products directly from the source.
The company has expanded its brand reach into the fashion and accessories market through the production and sale of leather goods, ready-to-wear apparel, home décor, and fashion accessories via its e-commerce platforms. This move into online retail allows Gaucho Group Holdings to capitalize on the global market, offering a range of products that emphasize quality, craftsmanship, and Argentine heritage.
Contact Information
