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  • 05.30.2024  |  Press Releases

    GAUCHO HOLDINGS EXPANDS WITH GAUCHO OPEN ASSET LENDING DIVISION

    New Fintech Financing Arm "GOAL" May Expand Beyond Company Assets, Disrupting Traditional Lending in Argentina

    MIAMI, FL / May 30, 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 the formation of a new fintech mortgage lending division, Gaucho Open Asset Lending ("GOAL"). As Gaucho Holdings’ new financing arm, GOAL is intended to serve as the Company’s self-financing option for buyers of its unique luxury vineyard real estate project, Algodon Wine Estates, with plans to expand beyond.

  • 05.15.2024  |  Press Releases

    GAUCHO HOLDINGS ACHIEVES KEY NASDAQ MILESTONE

    Company Leverages Argentina's Favorable Investment Climate to Expand Luxury Real Estate Portfolio

    MIAMI, FL / May 15, 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 that it has received a letter from Nasdaq confirming compliance with Nasdaq's requirement of maintaining a minimum closing bid price of $1.00 for at least 10 consecutive business days. The matter is now closed.

  • 05.14.2024  |  Press Releases

    GAUCHO HOLDINGS ANNOUNCES RECORD GROWTH IN ARGENTINE WINE MARKET

    Company Sees a 217% Surge in Year-To-Date Sales, Driven by Robust Distribution Networks and E-commerce Growth

    MIAMI, FL / May 14, 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 that its wine sales in Argentina for the year to date in 2024 have increased by 217% compared to the same period last year—attributable to the expansion of the Company’s distribution networks throughout Argentina and other strategic initiatives.

  • 05.07.2024  |  Press Releases

    GAUCHO GROUP HOLDINGS, INC. SUPPORTS STRONG INVESTMENT IN ARGENTINA FOLLOWING ENDORSEMENTS FROM GLOBAL LEADERS

    Recent Positive Remarks from Elon Musk and Javier Milei Bolster Confidence in Investment Opportunities at Milken Institute’s Global Conference

    MIAMI, FL / May 07, 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 its enthusiastic support for the recent endorsements of Argentina’s economic environment by prominent global figures, including Tesla CEO Elon Musk and Argentine President Javier Milei. This endorsement came following Musk's and Milei's compelling discussions at the Milken Institute's Global Conference in Los Angeles.

  • 05.06.2024  |  Press Releases

    GAUCHO GROUP HOLDINGS, INC. OBSERVES NOTABLE SURGE IN BUENOS AIRES REAL ESTATE MARKET

    Recent Data Reveals Strongest Price Increase in Six Years, Signifying Robust Market Dynamics

    MIAMI, FL / May 06, 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 its analysis and response to recent data showing that property sales prices in Buenos Aires have registered the largest increase in the past six years. According to a monthly report prepared by Zonaprop, the first four months of 2024 have seen an accumulated increase of 1.9%, with a year-on-year rise of 2.5%.

  • 05.01.2024  |  Press Releases

    GAUCHO GROUP HOLDINGS ANNOUNCES COMPLETION OF REVERSE STOCK SPLIT

    Strategic Move Aims to Enhance Stock Marketability and Attract Institutional Investment

    MIAMI, FL / May 1, 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 the completion of its reverse stock split, which took effect at 12:01 a.m. on May 1, 2024. This corporate action follows the detailed announcement made on April 29, 2024, and is part of a broader strategy to enhance stockholder value and ensure compliance with Nasdaq listing standards.

  • 04.29.2024  |  Press Releases

    GAUCHO GROUP HOLDINGS, INC. ANNOUNCES REVERSE STOCK SPLIT

    VINO common stock expected to begin trading on a split-adjusted basis on May 1, 2024

    MIAMI, FL / APRIL 29, 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 1-for-10 reverse stock split of the Company’s common stock to become effective at 12:01 a.m. (Eastern Time) on May 1, 2024. The Company’s common stock is expected to begin trading on a split-adjusted basis when the markets open on May 1, 2024 under the existing trading symbol “VINO.”

  • 04.22.2024  |  Press Releases

    ARGENTINA'S NATO BID MAY PAVE THE WAY FOR ECONOMIC GROWTH, WITH POTENTIAL ADVANTAGES FOR GAUCHO GROUP HOLDINGS, INC.

    Company Anticipates Stability and Growth to Positively Impact Real Estate Sector

    MIAMI, FL / April 22, 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 that Argentina's recent effort to become a "global partner" of NATO could herald significant economic stability and growth. This alignment, which seeks to reconnect Argentina with the U.S. and other Western economies, is anticipated to boost the business environment and, by extension, enhance the value of Gaucho Holdings' luxury real estate investments in the region.

  • 04.19.2024  |  Press Releases

    GAUCHO GROUP HOLDINGS RESPONDS TO POSITIVE ECONOMIC SHIFTS IN ARGENTINA

    Leadership Discusses the Impact of Improved Financial Conditions on Real Estate Operations

    MIAMI, FL / April 19, 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 its strategic response to recent economic developments in Argentina. As the gap between Argentina’s parallel and official exchange rates narrows, creating a more stable economic environment, Gaucho Holdings projects significant positive impacts on its real estate operations in the region.

  • 04.09.2024  |  Press Releases

    GAUCHO GROUP HOLDINGS ANNOUNCES STRATEGIC MEASURES TO STREAMLINE OPERATIONS AND COST EFFICIENCIES

    Anticipated $1.5 million cost reduction to fuel growth and real estate sales momentum into 2025

    MIAMI, FL / April 9, 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 series of strategic measures to streamline operations and cost efficiencies.  These efforts are expected to yield approximately $1.5 million in expense savings over the next 12 months, with the anticipation of up to an additional $1 million in expenses saved in 2025. By eliminating certain functions and offshoring others to its offices in Argentina, the Company aims to capitalize on the cost-effective labor and specialized skills available in the region. Furthermore, the savings accrued from these strategic initiatives are planned to be allocated towards marketing expenses, aiming to promote its portfolio of brands, including Gaucho – Buenos Aires and Maison Gaucho, Algodon Fine Wines, Algodon Wine Estates, and its hospitality projects.

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