VINE FRESH VINE WINE INC

Fresh Vine Wine’s Premium Collection Now Available Across Pacific Northwest

Fresh Vine Wine’s Premium Collection Now Available Across Pacific Northwest

Lower Carb, Lower Sugar Cabernet Sauvignon, Chardonnay, Pinot Noir and Rosé immediately available in Washington, Oregon and Alaska

MINNEAPOLIS, Aug. 30, 2022 (GLOBE NEWSWIRE) -- Fresh Vine Wine, Inc. (NYSE American: VINE), the leading producer of lower carb, lower sugar and lower calorie premium wines in the United States, today announced that its Cabernet Sauvignon, Chardonnay, Pinot Noir and Rosé varietals are all available immediately in Alaska, Oregon and Washington, the latest step as it continues to expand availability.

“Our expansion across the Pacific Northwest delivers our premium wines to an ideal audience of health-conscious consumers,” said Rick Nechio, Interim Chief Executive Officer at Fresh Vine Wines. “This outdoor lover’s paradise offers everything from sandy beaches to snowy mountains to national parks, attracting an extensive community of outdoor adventurers and others committed to an active lifestyle. We’re especially excited to reach Alaska as we work to further expand availability of our exceptional tasting lower carb, lower sugar and lower calorie wines.”

Fresh Vine Wine’s varietals are now available in the following stores:

Washington: Total Wine & More, IGA and via GoPuff/BevMo



Oregon: IGA and via the GoPuff App



Alaska: IGA

Fresh Vine Wine's vision is to be the leading "Better For You" brand in this fast-emerging category, capitalizing on the trend toward healthy living that is sweeping the food and beverage industry. Fresh Vine Wine's strategy is to accelerate growth in 2022 by amplifying its product offerings, actively growing distribution, educating consumers and retailers on our product line, and focusing on in-market retail execution and in-store samplings. Fresh Vine Wine will continue to position its core brand lineup as an affordable luxury, between $14.99-$24.99. Sauvignon Blanc and Brut Rose Sparkling are Fresh Vine Wine's latest new varietals into the premium wine market.

Press contact –

IR contact –

About Fresh Vine Wine, Inc.

Fresh Vine Wine, Inc. (NYSE American: VINE) is a premier producer of lower carb, lower calorie premium wines in the United States, kicking off a 2022 growth plan following its IPO in mid-December 2021. Fresh Vine Wine's brand vision is to lead the emerging natural and accessible premium wine category, as health trends continue to accelerate in the US marketplace. The 2020 US wine market was a $69 billion category. Fresh Vine Wine plans to accelerate growth in 2022 by amplifying its marketing, expanding product offerings, and expanding its team. Fresh Vine Wine positions its core brand lineup as an affordable luxury, retailing between $14.99-$24.99. Fresh Vine Wine's varietals currently include its Cabernet Sauvignon, Chardonnay, Pinot Noir, and Rosé. 



Forward-Looking Statements

This press release includes forward-looking statements. These forward-looking statements generally can be identified by the use of words such as "anticipate," "expect," "plan," "could," "may," "will," "believe," "estimate," "forecast," "goal," "project," and other words of similar meaning. These forward-looking statements address various matters including statements regarding the timing or nature of future operating or financial performance or other events. Each forward-looking statement contained in this press release is subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statement. Applicable risks and uncertainties include, among others, our ability to achieve positive cash flow from our operations on our anticipated timeframes or at all; the inclusion of the Company’s wines in Fall resets of four national, big box grocery retailers and the impact of such inclusion of the Company’s operating results; the Company's ability to hire additional personnel and to manage the growth of its business; the Company's reliance on its brand name, reputation and product quality; the Company's ability to adequately address increased demands that may be placed on its management, operational and production capabilities; the effectiveness of the Company's advertising and promotional activities and investments; the Company's reliance on celebrities to endorse its wines and market its brand; general competitive conditions; fluctuations in consumer demand for wine; overall decline in the health of the economy and consumer discretionary spending; the occurrence of adverse weather events, natural disasters, public health emergencies, or other unforeseen circumstances that may cause delays to or interruptions in the Company's operations; risks associated with disruptions in the Company's supply chain for grapes and raw and processed materials; the impact of COVID-19 and its variants on the Company's customers, suppliers, business operations and financial results; disrupted or delayed service by the distributors the Company relies on for the distribution of its wines; the Company's ability to successfully execute its growth strategy; the Company's success in retaining or recruiting, or changes required in, its officers, key employees or directors; the Company's ability to protect its trademarks and other intellectual property rights; the Company's ability to comply with laws and regulations affecting its business, including those relating to the manufacture, sale and distribution of wine; claims, demands and lawsuits to which the Company are or may be subject and the risk that its insurance or indemnities coverage may not be sufficient; the Company's ability to operate, update or implement its IT systems; the Company's ability to successfully pursue strategic acquisitions and integrate acquired businesses; the Company's potential ability to obtain additional financing when and if needed; the Company's founders' significant influence over the Company; and the risks identified in the Company's other filings with the SEC. The Company cautions investors not to place considerable reliance on the forward-looking statements contained in this press release. You are encouraged to read the Company's filings with the SEC, available at , for a discussion of these and other risks and uncertainties. The forward-looking statements in this press release speak only as of the date of this document, and the Company undertakes no obligation to update or revise any of these statements. The Company's business is subject to substantial risks and uncertainties, including those referenced above. Investors, potential investors, and others should give careful consideration to these risks and uncertainties.

 



EN
30/08/2022

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on FRESH VINE WINE INC

 PRESS RELEASE

Fresh Vine Wine, Inc. Announces Letter of Intent for Business Combinat...

Fresh Vine Wine, Inc. Announces Letter of Intent for Business Combination CHARLOTTE, N.C., Oct. 15, 2024 (GLOBE NEWSWIRE) -- Fresh Vine Wine, Inc., (NYSE American: VINE) (“Fresh Vine”), today announced that it has entered into a letter of intent (the “LOI”) with Adifex Holdings, LLC, a Delaware limited liability company (“Adifex”), and Adifex’s to be acquired subsidiary, Amaze Software, Inc. (“Amaze”), for a potential business combination (the “Proposed Transaction”). The LOI is not a binding agreement, and it outlines the intent and preliminary terms of the Proposed Transaction. Under t...

 PRESS RELEASE

Fresh Vine Wine, Inc. and Notes Live, Inc. Mutually Agree to Terminate...

Fresh Vine Wine, Inc. and Notes Live, Inc. Mutually Agree to Terminate Merger Agreement CHARLOTTE, N.C., Aug. 01, 2024 (GLOBE NEWSWIRE) -- Fresh Vine Wine Inc. (NYSE American: VINE) (“Fresh Vine”) today announced it has agreed with Notes Live, Inc. to terminate their previously announced merger agreement, originally announced on January 29, 2024, pursuant to which Notes Live would have combined with, and become a wholly-owned subsidiary of, Fresh Vine. The merger agreement provided for termination rights, subject to certain exceptions, in favor of either party if the merger contemplated b...

 PRESS RELEASE

Colorado Ford Dealers Secure Naming Rights to New Outdoor Amphitheater...

Colorado Ford Dealers Secure Naming Rights to New Outdoor Amphitheater in Colorado Springs, Colorado “Ford Amphitheater” will be the most luxurious amphitheater in the Nation Ten-year term struck between Notes Live, Inc. dba Venu Holding Corporation, and Ford CHARLOTTE, N.C., June 05, 2024 (GLOBE NEWSWIRE) -- Fresh Vine Wine Inc. (NYSE American: VINE) (“Fresh Vine”) today announced that its merger partner live entertainment and hospitality company formally Notes Live, Inc. dba Venu Holding Corporation (“VENU”) struck a ten-year naming rights term with Colorado Ford Dealers to the new ou...

 PRESS RELEASE

Fresh Vine Wine Merger Partner Notes Live Chooses McKinney, TX for Lar...

Fresh Vine Wine Merger Partner Notes Live Chooses McKinney, TX for Largest Venue Yet: Iconic 20,000-Capacity, State-of-the-Art Concert Amphitheater $220,000,000 music venue will bring the nation’s biggest acts to McKinney Called the Sunset Amphitheater, World-Class Venue Slated to Open in 2026 CHARLOTTE, N.C., March 13, 2024 (GLOBE NEWSWIRE) -- Fresh Vine Wine Inc. (NYSE American: VINE) (“Fresh Vine”) today announced that its merger partner Notes Live will build the largest venue in its collection – a 20,000-capacity, world-class $220-million-dollar open-air amphitheater – in McKinn...

 PRESS RELEASE

Fresh Vine Wine Inc Reaches Marketing Agreement with Splash Wines, Inc...

Fresh Vine Wine Inc Reaches Marketing Agreement with Splash Wines, Inc., the Highest Rated Direct-to-Consumer Digital Wine Company in the USA CHARLOTTE, N.C., Feb. 29, 2024 (GLOBE NEWSWIRE) -- Fresh Vine Wine Inc (NYSE: American VINE) today announced that it has reached a marketing agreement with Splash Wines, Inc., the highest rated direct-to-consumer digital wine company in the USA. The agreement is designed to expand purchase opportunities for customers of both companies where Fresh Vine Wines focuses on sales of premium low carb wines from California, and Splash features wine from int...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch