CEO addressed that there were distribution problems in the first quarter..
Did you forget???
On the brand front the company has successfully built a distribution pipeline for the Bellissima Prosecco line, and has successfully shipped to most markets during what qualified as off-season for Prosecco and new brand launches in general. This speaks volumes to the product's demand and acceptance. The brand expansion is fully under way on all fronts. The sales for the first quarter were a bit below what the company expected. This was due to certain delays in shipments during the winter season. In fact the company was forced to fly in a few shipments to fill orders. The shipping process and Direct Import platforms are now in full operation, and the summer season is under way, and the company continues to see significant industry wholesale and retail placements come on board. As an example Bellissima Prosecco is now available at Costco in Riverhead, NY, and the gateway to the Hamptons. Stop and grab a case to kick off your Memorial Day Weekend. This key placement is an indication of our distribution channels.
News 
Market Data 
Discover 
AI
