Marchesi de Frescobaldi Registers Increase in Global Sales
New York, May 1, 2013 - With a turnover of $108 million in 2012, Marchesi de’ Frescobaldi, the legendary 700-year old Tuscan winery, registered a 3% increase in business performance worldwide. Export sales showed a very positive trend in both traditional markets, such as the US, Canada and Germany, and countries where wine consumption is quickly growing including Russia, China and Japan.
The United States represents 14.7% of the entire Frescobaldi business, and remains the number one export market. Domestically, the Italian market dropped 5.1% compared to 2011, a clear sign of the tough economic times Italy is facing.
"Export markets are critical for our business, especially at a time when Italy's internal wine consumption is consistently decreasing," said Giovanni Geddes Filicaja, CEO of Marchesi de’ Frescobaldi. "Investment in the latest innovations and new technologies is proving to be a successful strategy in this time of economic recession. In 2012 we invested over $13 million to modernize our vineyards and production facilities."
For a complete list of wines produced by Marchesi de’ Frescobaldi please visit www.frescobaldi.it. For photographs and further information (including interview requests) please contact Margot Dempsey, Colangelo & Partners Public Relations at 646-624-2885 ext. 155 or e-mail email@example.com.
About Marchesi de' Frescobaldi – www.frescobaldi.it
Marchesi de' Frescobaldi, the leading wine producer of Tuscany and one of the most historic and respected wine companies in the world, combines centuries of tradition with progressive winemaking techniques and practices. Founded in the 14th century and a supplier of wines to the royal courts of Europe for generations, Marchesi de' Frescobaldi is still, 31 generations later, a family-owned company. Comprised of nine distinct estates totaling approximately 1,100 hectares, Marchesi de' Frescobaldi produces wines utilizing only the grapes grown in its own vineyards. The company continually upgrades and modernizes its grape growing and winemaking operations, maintaining a relentless focus on producing unique wines that express the individuality of each unique terroir from which they are produced.