The Marchesi de' Frescobaldi Group Grows 18.8T in the U.S.
The Marchesi de’Frescobaldi Group Grows 18.8% in the U.S.
United States is Still Company’s Number One Export Market
Florence, May 29th, 2014 – The Marchesi de’ Frescobaldi Group announced today that shipments from Italy registered an 18.8% increase in the U.S. in 2013 vs 2012. Global world sales grew 4.3% in 2013.
The United States is still the number one export market, representing 15% of the total business. Exports account for 68% of the total revenue, mostly driven by the Group’s high-end wines.
"We’re very happy about the positive trend taken in the U.S. market, where we registered a steady increase in sales throughout the year.” said Giovanni Geddes Filicaja, CEO of the Marchesi de’ Frescobaldi Group. “In 2013, we invested 10 million dollars to strengthen and modernize the vineyards and production facilities. We are also investing in long-term activities in order to further promote and strengthen our high-end brands: Frescobaldi, Luce della Vite, Ornellaia and Attems.”
For images, further information or interview requests, please contact Alessandro Boga, Colangelo & Partners Public Relations at 646-624-2885 ext. 256 or e-mail firstname.lastname@example.org. For a complete list of wines produced by Marchesi de’ Frescobaldi please visit www.frescobaldi.it.
About the Frescobaldi Group
The Compagnia de’ Frescobaldi S.p.A holding company, entirely owned by the Frescobaldi family, owns 100% of the Marchesi de’ Frescobaldi Group, which runs the business at the company's various agricultural estates and production facilities (Nipozzano, Pomino, Castiglioni, Ammiraglia, Remole, Corte, Attems). Through the sub-holding company Tenute di Toscana S.r.l, Marchesi de’ Frescobaldi Group controls Ornellaia, Castelgiocondo and Luce della Vite. .Lamberto Frescobaldi, Vittorio's son, has served as President of the Board of Directors of Marchesi de’ Frescobaldi (MdF) since September 2013. Giovanni Geddes da Filicaja, who possesses a highly reputable career in the wine business, has served as Chief Executive Officer since 1997.
About Folio Fine Wine Partners – www.foliowine.com
Folio Fine Wine Partners was founded in 2004 by Michael Mondavi and his wife, Isabel, with their children, Dina and Rob Jr.. Folio is an importer, fine wine agency and producer of quality wines from the world's premiere and emerging wine regions, providing sales, marketing and public relations services to wine brands from California, Italy, Austria, Germany and Spain. Wines under the Michael Mondavi Family Estate include Emblem, Hangtime, Isabel Mondavi, M by Michael Mondavi, Oberon, and Spellbound. From Italy, are the wines of Attems, Bruno Giacosa, Coppo, Dal Forno Romano, Danzante, Donnafugata, Marchesi de’ Frescobaldi, Luce della Vite, Quorum, Tenuta dell’ Ornellaia and Villa Sandi. The Spanish portfolio includes Artadi, Capafons-Ossó, Fillaboa, Leda, Nita, Palacios Remondo and Vall Llach, with Laurenz V (Austria), and Prinz von Hessen (Germany) completing the portfolio.