Gaucho Group- Filed Voluntary Petition In Bankruptcy Court Seeking Relief Under Chapter 11

Argentinian Black Label Microvinified Cabernet Franc 2020, Never Before Available in the U.S.

SAN RAFAEL and MENDOZA, ARGENTINA / ACCESSWIRE / October 22, 2024 / Algodon Fine Wines, a distinguished producer of premium Argentine wines, is proud to announce the U.S. release of its microvinified Black Label Cabernet Franc Reserve 2020. This is the first time any vintage of Algodon's Cabernet Franc has been available stateside. After aging in oak barrels for 18 months, this vintage has just been released, offering U.S. wine lovers the chance to experience this exceptional Cabernet Franc from Argentina's San Rafael region.

Mendoza, Argentina is fast becoming the new Loire Valley for Cabernet Franc, and Algodon's winemakers have harnessed this potential with meticulous care. Hand-selected grapes are macerated whole in new French oak barrels for 60 days at controlled temperatures, followed by 18 months of aging in oak. This detailed process results in a wine of remarkable depth, elegance, and aging potential.

"Our Cabernet Franc Reserve 2020 is truly a standout wine," says Mauro Nosenzo, Head Winemaker at Algodon Wine Estates. "It embodies the best of what Mendoza has to offer, with a complexity and richness that will only improve over time. We are excited to finally bring this unique vintage to our U.S. customers."

Tasting Notes: Algodon's Cabernet Franc Reserve 2020 presents an intense ruby color with matching reflections. It offers a refined aromatic profile, with ripe fruit notes of cherries, strawberries, and plums, balanced by hints of spices, vanilla, and tobacco. On the palate, it is smooth yet structured, with a rich complexity and freshness. The finish is vibrant and fruity, with mature tannins, making it an excellent candidate for extended aging in the bottle.

"With this release, we aim to showcase the versatility and excellence of Cabernet Franc from Argentina's San Rafael region," says Scott Mathis, CEO of Algodon Wine Estates. "The wine's unique structure and outstanding aging potential make it a must-try for collectors and enthusiasts alike."

Algodon's Cabernet Franc Reserve 2020 is available now at AlgodonFineWines.com, where customers can save 10% on 6 bottles or 20% on 12 bottles and always enjoy FREE Ground Shipping on orders over $300, no code needed. Algodon Fine Wines are also distributed throughout the U.S. via 3Js Imports and are available at select fine retailers, including Giannone Wine & Liquor Co, Barrel & Wines, Fanwood Liquors, and The Frog and the Peach Restaurant, among others.

About Algodon Fine Wines

Algodon Fine Wines are produced at Algodon Wine Estates, a boutique Mendoza winery located in the beautiful foothills of the Sierra Pintadas, in the southernmost region of Argentina's wine capital. Fed by the purest meltwater from the glacial Andes, our vines go back as far as 1946 and produce exceptional fruit on sandy and clay loam. Algodon is one of the only wineries in Argentina that creates wines through a process called microvinification. This process is completed entirely by hand by our passionate winemaker Mauro Nosenzo, who is assisted by Master of Wine Anthony Foster. Brought together by Scott Mathis and his partners, Algodon Wine Estates' renowned winemakers bring decades of experience, as well as craftsmanship and tradition that have been passed down for generations. Each of our small-batch wines blend the best of those Old World techniques with modern wine-making technology and sustainable, eco-friendly practices to create unparalleled New World varietals. Algodon Fine Wines is wholly owned by Gaucho Group Holdings, Inc. (NASDAQ:VINO), which crafts luxury experiences, properties and products that celebrate the vibrant and distinctive Argentinian lifestyle. To learn more, visit algodonfinewines.com.

Cautionary Note Regarding Forward-Looking Statements

The information discussed in this press release includes "forward looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical facts, included herein concerning, among other things, changes to exchange rates and their impact on the Company, planned capital expenditures, future cash flows and borrowings, pursuit of potential acquisition opportunities, our financial position, business strategy and other plans and objectives for future operations, are forward looking statements. Although we believe that the expectations reflected in these forward-looking statements are reasonable, they do involve certain assumptions, risks and uncertainties and are not (and should not be considered to be) guarantees of future performance. Refer to our risk factors set forth in our reports filed on Edgar. The Company disclaims any obligation to update any forward-looking statement made here.

Media Relations:

Gaucho Group Holdings, Inc. Rick Stear Director of Marketing 212.739.7669rstear@gauchoholdings.com

SOURCE: Gaucho Group Holdings, Inc.

The Mauro Nosenzo Black Label Signature Blend 2021, Limited in Production to 2,000 Bottles

SAN RAFAEL, MENDOZA, ARGENTINA / ACCESSWIRE / October 17, 2024 / Algodon Fine Wines, a distinguished producer of premium Argentine wines, announces the release of its newest and most anticipated addition to its wine catalog: The Mauro Nosenzo Black Label Signature Blend 2021. For the first time ever, this exceptional winemaker's selection is available in the United States, allowing American wine lovers to experience the passion and craftsmanship behind this limited-edition wine.

Produced with dedication and expertise by Algodon's head winemaker, Mauro Nosenzo, this handcrafted winemaker's selection is the epitome of his profound connection to Argentina's renowned San Rafael terroir. This unique wine, produced in an exclusive release of just 2,000 bottles, features a carefully curated blend of six of Argentina's most distinguished varietals: Malbec, Bonarda, Cabernet Sauvignon, Merlot, Syrah, and Cabernet Franc.

"Every bottle tells the story of the vineyard, the land, and the people who craft it. This blend is a tribute to the harmony of nature and winemaking," says Mauro Nosenzo, winemaker at Algodon Wine Estates. "It reflects our dedication to producing exceptional wines that capture the essence of our vineyards."

Tasting Notes: This elegant and complex wine showcases a deep red hue, offering vibrant aromas of ripe red fruits and fresh spices. On the palate, layers of aromatic complexity unfold, from subtle hints of dried fruits to decadent notes of mocha, imparted by its aging in French oak barrels. The result is a perfectly balanced wine with both intensity and freshness, making it an ideal choice for connoisseurs seeking a sophisticated Argentine blend.

"With this winemaker's selection, we wanted to honor Mauro's remarkable talent by recognizing him with his own label," says Scott Mathis, CEO of Algodon Wine Estates. "His expertise and dedication have been instrumental in elevating the quality and reputation of Algodon Fine Wines, and this blend is a reflection of his passion for winemaking."

The Mauro Nosenzo Black Label Signature Blend 2021 is available now at AlgodonFineWines.com where visitors can save 10% on 6 BOTTLES or 20% on 12 BOTTLES and always enjoy FREE Ground Shipping on orders over $300, no code needed. Algodon Fine Wines are also available throughout the U.S. via 3Js Imports, both in-stores and online at select fine retailers such as Giannone Wine & Liquor Co, Barrel & Wines, Fanwood Liquors, Sebonack Golf & Country Club, Off the Hook Restaurant, The Frog and the Peach Restaurant, Dittrick's Wine & Liquors, Pasanella & Son Vintners, and Vineborough Lounge & Liquors, among others.

About Algodon Fine Wines

Algodon Fine Wines are produced at Algodon Wine Estates, a boutique Mendoza winery located in the beautiful foothills of the Sierra Pintadas, in the southernmost region of Argentina's wine capital. Fed by the purest meltwater from the glacial Andes, our vines go back as far as 1946 and produce exceptional fruit on sandy and clay loam. Algodon is one of the only wineries in Argentina that creates wines through a process called microvinification. This process is completed entirely by hand by our passionate winemaker Mauro Nosenzo, who is assisted by Master of Wine Anthony Foster. Brought together by Scott Mathis and his partners, Algodon Wine Estates' renowned winemakers bring decades of experience, as well as craftsmanship and tradition that have been passed down for generations. Each of our small-batch wines blend the best of those Old World techniques with modern wine-making technology and sustainable, eco-friendly practices to create unparalleled New World varietals. Algodon Fine Wines is wholly owned by Gaucho Group Holdings, Inc. (NASDAQ: VINO), which crafts luxury experiences, properties and products that celebrate the vibrant and distinctive Argentinian lifestyle. To learn more, visit algodonfinewines.com.

Cautionary Note Regarding Forward-Looking Statements

The information discussed in this press release includes "forward looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical facts, included herein concerning, among other things, changes to exchange rates and their impact on the Company, planned capital expenditures, future cash flows and borrowings, pursuit of potential acquisition opportunities, our financial position, business strategy and other plans and objectives for future operations, are forward looking statements. Although we believe that the expectations reflected in these forward-looking statements are reasonable, they do involve certain assumptions, risks and uncertainties and are not (and should not be considered to be) guarantees of future performance. Refer to our risk factors set forth in our reports filed on Edgar. The Company disclaims any obligation to update any forward-looking statement made here.

Media Relations:

Gaucho Group Holdings, Inc. Rick Stear Director of Marketing 212.739.7669rstear@gauchoholdings.com

SOURCE: Gaucho Group Holdings, Inc.

Featuring celebrated Malbecs and exclusive microvinified blends, Algodon Fine Wines' latest collection brings the bold flavors of San Rafael to U.S. wine lovers.

MIAMI, FL / ACCESSWIRE / October 15, 2024 / Gaucho Group Holdings, Inc. (NASDAQ:VINO), a company that includes a growing collection of e-commerce platforms with a focus on fine wines, luxury real estate, and leather goods and accessories (the "Company" or "Gaucho Holdings"), today announced its wholly owned subsidiary, Algodon Fine Wines, a distinguished producer of premium Argentine wines, has launched its collection of highly anticipated newest vintages in the United States. These exceptional wines, made from hand-harvested grapes grown in the vineyards of Algodon Wine Estates, beautifully capture the distinctive terroir of Argentina's renowned San Rafael region.

Each vintage in this collection tells a story of nature's finest work and Algodon winemakers' dedication to quality. Highlighting Algodon's celebrated Malbec and exclusive Malbec blends, the 2024 collection embodies the rich, bold flavors and sophisticated elegance that have become synonymous with Algodon Fine Wines.

This collection includes the newest vintages of its estate range of wines such as Algodon Estate Malbec 2022, Algodon Estate Bonarda 2022, Algodon Estate Chardonnay 2023, as well as its microvinified black label range of wines such as Cabernet Fran-Malbec Reserve 2020, Gran Cuvee 2021, PIMA 2021, and brand new, never-before seen stateside wines such Algodon's Chardonnay-Pinot Noir 2022, Cabernet Franc Reserve 2020, and its Winemaker's Selection 2021. The latter three wines are slated to be introduced to Algodon's customers through digital media and announcements over the next week.

"We have carefully crafted each vintage to reflect the distinctive character of our vineyards and the unique qualities of the San Rafael terroir," said Mauro Nosenzo, Winemaker at Algodon Wine Estates. "This collection is the culmination of years of passion, dedication, and effort, and I am convinced these wines will stand out effortlessly among both the most discerning palates and those who enjoy wine more casually."

Scott Mathis, CEO and Founder of Gaucho Group Holdings, Inc. commented; "We're thrilled to share these new wines with our customers who have been eagerly awaiting their U.S. arrival. Each bottle represents the artistry of Argentine winemaking and the deep connection Algodon has to its vineyards. We believe these vintages will offer wine lovers something truly extraordinary."

The new vintages are available now at AlgodonFineWines.com where visitors can save 10% on 6 BOTTLES or 20% on 12 BOTTLES and always enjoy FREE Ground Shipping on orders over $300, no code needed. Algodon Fine Wines are also available throughout the U.S. via 3Js Imports, both in-stores and online at select fine retailers such as Giannone Wine & Liquor Co, Barrel & Wines, Fanwood Liquors, Sebonack Golf & Country Club, Off the Hook Restaurant, The Frog and the Peach Restaurant, Dittrick's Wine & Liquors, Pasanella & Son Vintners, and Vineborough Lounge & Liquors, among others.

About Algodon Fine Wines

Algodon Fine Wines are produced at Algodon Wine Estates, a boutique winery in Mendoza's Sierra Pintadas foothills. Our vines, some dating back to 1946, thrive on sandy and clay loam soils, nourished by pure meltwater from the Andes. Using microvinification, a rare, hands-on process, our wines are crafted by winemaker Mauro Nosenzo, with the expertise of Master of Wine Anthony Foster. Combining Old World techniques with modern technology and sustainable practices, Algodon creates exceptional small-batch wines that reflect the unique terroir of Argentina.

About Gaucho Group Holdings, Inc.

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 (algodonfinewines.com & algodonwines.com.ar), hospitality (algodonhotels.com), and luxury real estate (algodonwineestates.com) associated with our proprietary Algodon brand, as well as the leather goods, ready-to-wear and accessories of the fashion brand Gaucho - Buenos Aires™ (gaucho.com), these are the luxury brands in which Argentina finds its contemporary expression.

Cautionary Note Regarding Forward-Looking Statements

The information discussed in this press release includes "forward looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical facts, included herein concerning, among other things, changes to exchange rates and their impact on the Company, planned capital expenditures, future cash flows and borrowings, pursuit of potential acquisition opportunities, our financial position, business strategy and other plans and objectives for future operations, are forward looking statements. Although we believe that the expectations reflected in these forward-looking statements are reasonable, they do involve certain assumptions, risks and uncertainties and are not (and should not be considered to be) guarantees of future performance. Refer to our risk factors set forth in our reports filed on Edgar. The Company disclaims any obligation to update any forward-looking statement made here.

Media Relations:

Gaucho Group Holdings, Inc. Rick Stear, Director of Marketing 212.739.7669rstear@gauchoholdings.com

SOURCE: Gaucho Group Holdings, Inc.