About Us

Laser Focus World is an industry bedrock—first published in 1965 and still going strong. We publish original articles about cutting-edge advances in lasers, optics, photonics, sensors, and quantum technologies, as well as test and measurement, and the shift currently underway to usher in the photonic integrated circuits, optical interconnects, and copackaged electronics and photonics to deliver the speed and efficiency essential for data centers of the future.

Our 80,000 qualified print subscribers—and 130,000 12-month engaged online audience—trust us to dive in and provide original journalism you won’t find elsewhere covering key emerging areas such as laser-driven inertial confinement fusion, lasers in space, integrated photonics, chipscale lasers, LiDAR, metasurfaces, high-energy laser weaponry, photonic crystals, and quantum computing/sensors/communications. We cover the innovations driving these markets.

Laser Focus World is part of Endeavor Business Media, a division of EndeavorB2B.

Laser Focus World Membership

Never miss any articles, videos, podcasts, or webinars by signing up for membership access to Laser Focus World online. You can manage your preferences all in one place—and provide our editorial team with your valued feedback.

Magazine Subscription

Can you subscribe to receive our print issue for free? Yes, you sure can!

Newsletter Subscription

A Laser Focus World newsletter subscription is free to qualified professionals:

The Daily Beam

Showcases the newest content from Laser Focus World, including photonics- and optics-based applications, components, research, and trends. (Daily)

Product Watch

The latest in products within the photonics industry. (9x per year)

Bio & Life Sciences Product Watch

The latest in products within the biophotonics industry. (4x per year)

Laser Processing Product Watch

The latest in products within the laser processing industry. (3x per year)

Get Published!

If you’d like to write an article for us, reach out with a short pitch to Sally Cole Johnson: [email protected]. We love to hear from you.

Photonics Hot List

Laser Focus World produces a video newscast that gives a peek into what’s happening in the world of photonics.

Following the Photons: A Photonics Podcast

Following the Photons: A Photonics Podcast dives deep into the fascinating world of photonics. Our weekly episodes feature interviews and discussions with industry and research experts, providing valuable perspectives on the issues, technologies, and trends shaping the photonics community.

Social Media

Bluesky • Facebook • Instagram • LinkedIn • YouTube

Meet the Laser Focus World Team

Editorial

Sales

Editorial Advisory Board

  • Professor Andrea M. Armani, University of Southern California
  • Ruti Ben-Shlomi, Ph.D., LightSolver
  • James Butler, Ph.D., Hamamatsu
  • Natalie Fardian-Melamed, Ph.D., Columbia University
  • Justin Sigley, Ph.D., AmeriCOM
  • Professor Birgit Stiller, Max Planck Institute for the Science of Light, and Leibniz University of Hannover
  • Professor Stephen Sweeney, University of Glasgow
  • Mohan Wang, Ph.D., University of Oxford
  • Professor Xuchen Wang, Harbin Engineering University
  • Professor Stefan Witte, Delft University of Technology
My Watchlist
Indicators
Industrial Laser Index
Markets
Stocks
ETFs
Tools
Markets:
Overview
News
Currencies
International
Treasuries

Gaucho Group Holdings, Inc. Provides Stockholder Update

By: via AccessWire

Company Anticipates Robust Vineyard Estate Lot Sales in Post-Covid World

NEW YORK, NY / ACCESSWIE / July 6, 2021 / 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, today provided a corporate update for its stockholders.

The company continues to build out its "post-Covid" lot sales program by implementing significant enhancements to the infrastructure of the estate. The company believes these enhancements will not only increase the value of the estate, but also promote further lot sales.

Scott Mathis, CEO and Chairman of Gaucho Group Holdings, commented, "Over the past year, we've initiated a complete beautification renovation and quality upgrades for numerous existing amenities and features. These enhancements range from improved roads and entrance facades to guest experiences, the introduction of new products such as our artisanal wine salts, as well as the continuation of our olive oil program. In addition, we plan to build an artisanal distillery using our estate grown fruits, and cultivate a 10-hectare truffle forest giving our guests and homeowners more unique experiences, among other improvements. We have stated that we believed we would see a boom in interest in the post-Covid world and indeed we are beginning to see this. We anticipate that in Q3, we can deed and therefore recognize approximately $4-$6 million from the sale of between 20-30 lots at Algodon Wine Estates. Many of these sales began late in the second quarter of this year despite the reduced economic activity caused by the pandemic. We believe we will continue to see growing interest into the third quarter and beyond.

"Since our uplisting to Nasdaq, we have paid down most of our debt and completed the final payment on the strategic acquisition of additional land directly adjacent to the existing property of Algodon Wine Estates, which measures a staggering total of 4,138 acres of land, more than doubling the original property area. With all of these new and exciting experiences being added to Algodon Wine Estates, we expect growing interest from international buyers seeking a global luxury destination exhibiting unrivaled wine & spirits, wellness, culinary and sport, and we believe we have made significant strides in that direction.

"We are even more encouraged looking toward the future when Argentina actually opens up tourism in a post-covid world, allowing new and prospective international buyers to visit and experience the estate's luxurious offerings, which can boost our sales into 2022 and beyond. Not only are buyers seeking a greater quality of life for their family and friends by purchasing land at Algodon Wine Estates, is also a great opportunity for buyers to invest in deeply undervalued Argentine real estate and diversify their portfolios outside of the current USD market."

Other infrastructure improvements and initiatives the company has put in place are enhancements to the vineyards, restaurant, and boutique lodge renovation, improvements to its golf and tennis courts, landscaping throughout the common areas of the estate, recreational pool improvement, increased winery capacity, and wine cave renovation and expansion.

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™ (gauchobuenosaires.com), these are the luxury brands in which Argentina finds its contemporary expression.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance, condition or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those risk factors described from time to time in our filings with the Securities and Exchange Commission and elsewhere. The Company undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release.

Media Relations:

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

SOURCE: Gaucho Group Holdings, Inc.



View source version on accesswire.com:
https://www.accesswire.com/654345/Gaucho-Group-Holdings-Inc-Provides-Stockholder-Update

More News

View More
Get the Best Bang for Your Buck: 3 Low-Cost, High-Return ETFs
Via MarketBeat
Topics ETFs
Tickers GBTC NLR REMX STCE
3 Cybersecurity Stocks Poised for Long-Term Growth
Via MarketBeat
Topics Artificial Intelligence ETFs
Tickers CRWD FTNT PANW
3 Defense Stocks Surging as Ukraine Tensions Deepen
Via MarketBeat
Topics Government
Tickers BAESY RNMBY SAABY
Starbucks Stock Slumps; This Competitor Shows Strength
Via MarketBeat
Tickers BROS SBUX
The Trade Desk: 2 Signs of a Comeback, 1 Risk Ahead
Via MarketBeat
Tickers AMZN GOOG GOOGL TTD
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.