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Gaucho Group Holdings Inc develops and operates real estate projects in Argentina. It operates a hotel, golf and tennis resort, vineyard and producing winery in addition to developing residential lots located near the resort. The company operates in three segments which are the business of real estate development and manufacture; the sale of high-end fashion and accessories through an e-commerce platform; corporate operations. It derives majority of its revenue from the Real Estate Development segment.
For more than ten years, Gaucho Group Holdings, Inc.'s (gauchoholdings.com) mission has been to source and develop opportunities in Argentina's undervalued luxury real estate and consumer marketplace. Our company has positioned itself to take advantage of the continued and fast growth of global e-commerce across multiple market sectors, with the goal of becoming a leader in diversified luxury goods and experiences in sought after lifestyle industries and retail landscapes. With a concentration on fine wines, hospitality, and luxury real estate associated with our proprietary Algodon brand, as well as the leather goods, ready-to-wear and accessories of the fashion brand Gaucho - Buenos Aires®, these are the luxury brands in which Argentina finds its contemporary expression.
Gaucho Group Holdings (NASDAQ:VINO) will present at the Benzinga Reopening Stocks Summit on August 18, 2021, at 2:20 PM ET. CEO Scott Mathis will deliver a 20-minute presentation, followed by a real-time Q&A session. Participants are encouraged to pre-register and conduct a system check to enhance their experience. The summit aims to highlight opportunities in the recovering economy post-COVID-19, focusing on sectors like real estate and hospitality.
Gaucho Group Holdings, Inc. (NASDAQ:VINO) announced a $2.5 million milestone payment to LVH Holdings LLC for a Las Vegas project, advancing a total commitment of $35 million for a 40% ownership stake. This project aims to expand the Gaucho brand into lodging, hospitality, retail, and gaming sectors. Notably, it is designed by SB Architects, recognized for their expertise in hospitality design. CEO Scott Mathis indicated the project could significantly increase Gaucho's market value, positioning the brand prominently in Las Vegas.
Gaucho Group Holdings (NASDAQ:VINO) announced its partnership with EDSA, an architectural planning firm, to enhance the masterplan of its Algodon Wine Estates in Mendoza, Argentina. This 4,138-acre luxury vineyard and golf development aims to attract high-end hospitality brands for a boutique hotel and residences. CEO Scott Mathis highlighted the project's potential to increase property value through brand association. The expanded masterplan includes an 18-hole golf course, tennis facilities, organic restaurants, and wellness amenities to cater to the luxury market's growing demand.
Gaucho Group Holdings (NASDAQ:VINO) anticipates significant sales of vineyard estate lots in the post-Covid market, projecting $4-$6 million from the sale of 20-30 lots at Algodon Wine Estates in Q3. The company is enhancing its estate's infrastructure, including improvements to amenities, a proposed artisanal distillery, and a truffle forest, aimed at attracting international buyers. The strategic acquisition of adjacent land has doubled property size. These advancements are expected to boost interest as tourism opens up in Argentina, positioning the company favorably for growth through 2022 and beyond.
Gaucho Group Holdings (NASDAQ: VINO) will participate in a live presentation at VirtualInvestorConferences.com on July 8, 2021, at 11:30 am ET. CEO Scott Mathis will engage with participants, who can ask questions in real-time. If unable to attend, an archived version will be available post-event. Interested attendees should pre-register and conduct an online system check for smoother participation. Gaucho Group focuses on luxury real estate, fine wines, and e-commerce platforms, aiming to be a leader in diversified luxury goods and experiences.
Gaucho Group Holdings (NASDAQ: VINO) announced a significant partnership with LVH Holdings LLC to develop a major project in Las Vegas, Nevada. This collaboration aims to expand the Gaucho brand into sectors like lodging, hospitality, retail, and gaming. Key figures involved include industry veterans such as Mark Advent and Bill Allen, who highlight the potential for large-scale projects. CEO Scott Mathis emphasized this agreement as a transformative step for the company, with plans for possible retail properties and features of the Algodon Wines brand.
Gaucho Group Holdings (NASDAQ: VINO) announced the launch of its Amazon Storefront, showcasing luxury goods alongside its main e-commerce site, GauchoBuenosAires.com. The storefront will enhance accessibility for its leather goods, accessories, and fashion collections inspired by Argentinian heritage. CEO Scott Mathis highlighted this as a significant milestone in the company's e-commerce strategy, complementing other initiatives like a Las Vegas property development and a flagship store in Miami. This expansion aims to capitalize on the growing global demand for luxury products.
Gaucho Group Holdings (NASDAQ: VINO) will join the Russell Microcap® Index after the annual reconstitution on June 28, 2021. This inclusion is a notable milestone, enhancing the company’s visibility among institutional investors managing approximately $10.6 trillion in assets. The Russell indexes rank the largest U.S. stocks based on market capitalization. CEO Scott Mathis expressed optimism about the company’s growth trajectory and future milestones. Gaucho Group focuses on e-commerce in fine wines, luxury real estate, and leather goods, aiming to lead in diversified luxury markets.
Gaucho Group Holdings (NASDAQ: VINO) announced a strategic partnership with notable visionaries Mark Advent, A. William Allen, Timberline Real Estate Partners, and Open Realty Properties on June 10, 2021. The collaboration aims to develop Gaucho's brand extensions in Las Vegas, capitalizing on expected consumer spending growth in the gaming and hospitality sectors. CEO Scott Mathis expressed optimism about the partnership's potential to enhance the company's market value and brand recognition.
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