Fresh Vine Wine Recognized with Four 2022 Sommeliers Choice Awards
September 21 2022 - 9:00AM
Fresh Vine Wine, Inc. (NYSE American: VINE), the premier producer
of lower carb, lower sugar, and lower calorie premium wines in the
United States, today announced that four of its vintage wines have
received prestigious 2022 Sommeliers Choice Awards.
“We are grateful that four of our vintage wines are
recipients of the prestigious Sommeliers Choice Awards for 2022,”
said Jamey Whetstone, Winemaker, of Fresh Vine Wine. “This
recognition builds on the critical acclaim our wines have already
received from world-renowned wine critic James Suckling,
highly-regarded publications such as The Tasting
Panel Magazine and The Somm Journal, as well as at
TEXSOM’s global wine competition. These awards affirm Fresh Vine
Wines’ position as the leader in delivering a superior wine taste
in a well-balanced, lower-sugar wine, offering an affordable luxury
targeting the fast-growing ‘healthy living’ market.”
Fresh Vine Wine 2020 Chardonnay received a Gold
2022 Sommeliers Choice Award, with Fresh Vine Wine 2020 Cabernet
Sauvignon and Fresh Vine Wine 2021 Rosé, both taking home the
Silver and Pinot Noir Bronze.
The judging panel of the Sommeliers
Choice Awards consists entirely of top sommeliers, on-premise wine
buyers and wine directors at U.S. restaurants, bars, pubs, and
clubs. Medals are awarded to wines that meet very specific judging
criteria, with a goal of identifying wines that should become
additions to restaurant wine lists.
Fresh Vine Wine award-winning varietals are
available at www.freshvinewine.com, and most national and
independent retailers nationwide, including wine.com, Total Wine
& More, Food Lion, on the GoPuff app, and by the glass at True
Food Kitchen.
Fresh Vine Wine's vision is to be the leading
"Better For You" brand in this 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
premium 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 Rosé Sparkling are Fresh Vine Wine's latest entry
into the premium wine market.
Press contact – FreshVineWine@jonesworks.comIR
contact – Joeh@gregoryfca.com
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 Limited Reserve Cabernet Sauvignon, Cabernet Sauvignon,
Chardonnay, Sauvignon Blanc, Pinot Noir, Brut Rosé Sparkling, and
Rosé.
Forward-Looking StatementsThis
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.
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