MINNEAPOLIS, Feb. 24, 2022 /PRNewswire/ -- Fresh Vine Wine,
Inc. (NYSE American: VINE), the premier producer of low carb, low
calorie premium wines in the United States, today announced
its "Better for You" wines will be featured at the newly
launched Resorts World Las Vegas, the Strip's first ground-up
resort to be built in over a decade. Fresh Vine Wines' premium
Cabernet, Chardonay and other varietals will be featured at various
venues across the resort.
The launch at Resorts World Las Vegas coincides with Fresh Vine
Wine's latest distribution agreement expanding into the state of
Nevada, arranged by its partner,
Southern Glazer's Wine, Spirits & Beer of Nevada.
Janelle Anderson, CEO of Fresh
Vine Wine, Inc., said, "We are thrilled to partner with Resorts
World Las Vegas in making our premium wine varietals available to
guests throughout one of the hottest new resort properties on the
Las Vegas Strip. Our unique collection of bold, crisp, and creamy
wines that embody deeper connection with active lifestyles is a
great fit with Resorts World Las Vegas's world-class experience
incorporating luxury, value, and variety. In addition, by adding
Nevada to our growing roster of
states where we have distribution agreements, we are rapidly
realizing our plans to accelerate growth in 2022 by amplifying our
marketing."
About Fresh Vine Wine, Inc.
Fresh Vine Wine, Inc.
(NYSE American: VINE) is a premier producer of low carb, low
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 "Better For You" category, as health trends
continue to accelerate in the US marketplace. The 2020 US wine
market was a $69B 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-$22.99.
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, 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 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 www.sec.gov, 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.
Contact: freshvinewine@jonesworks.com
View original content to download
multimedia:https://www.prnewswire.com/news-releases/fresh-vine-wine-better-for-you-wines-to-be-featured-at-resorts-world-las-vegas-the-strips-newest-resort-301489666.html
SOURCE Fresh Vine Wine, Inc.