Algodon Wines and Luxury Development Group Unveils Designer Fashion and Accessories Label: Gaucho – Buenos Aires

NEW YORK, NY—(Marketwired – April 20, 2018) – Algodon Wines & Luxury Development Group, Inc. (OTCQB: VINO), a collection of luxury assets, real estate holdings and premium wines in Argentina, today announced the unveiling of its new designer fashion and accessories label, Gaucho – Buenos Aires, to be launched on Algodon's new e–commerce platform at GauchoBuenosAires.com. Founded by entrepreneur Scott Mathis and headed up by Argentine designers Santiago Gallo and Carmen Vils, Gaucho – Buenos Aires harnesses all these characteristics. Blending the quality of a bygone era with a sophisticated, modern, global outlook, the brand's beautifully handcrafted clothing and accessories herald the birth of Argentina's finest designer label. Gaucho – Buenos Aires expects to release its initial collection in Fall/Winter 2018.

Gaucho – Buenos Aires embodies the spirit of Argentina — its grand history, its folklore and its revival as a global center of luxury. Inspired by the sophisticated elegance of the great European maisons, Gaucho – Buenos Aires is also rooted in the traditions of native, nomadic culture. With its ambitious couture, ready–to–wear and high–street fashion offering, this is the brand in which Argentine luxury finds its contemporary expression.

“Algodon Wines and Luxury Development Group is now one step closer to its objective of creating the LVMH of Latin America,” said Scott Mathis, Algodon's founder, chairman and CEO. “The decision to launch Gaucho – Buenos Aires is a natural extension of that vision. Stemming from our original mission and geographic region, Gaucho – Buenos Aires was formed to take Algodon one step closer to achieving our goal of becoming the dominant player in Latin America's luxury consumer goods and real estate offerings. Gaucho – Buenos Aires intends to operate primarily in the e–commerce space, offering proprietary upscale goods to the world, providing Algodon the opportunity to scale both its revenues and global brand reach,” concluded Mathis.

Established in Buenos Aires, the Gaucho story is one of impeccable timing. Once dubbed the Paris of South America for its exquisite Belle Epoque style, the city is thriving again and entering a new golden age. The time is ripe for Buenos Aires to align itself with Milan, New York, Paris and London as a global fashion capital, and Gaucho – Buenos Aires will be its bold ambassador.

Algodon's goal is to reintroduce the world to the grandeurs of the city's elegant past, intertwined with an altogether deeper cultural connection: the strength, honor and integrity of the Gaucho. Seen in the intricate stitching of handmade leather, or the exquisite workmanship of an embossed belt buckle, “Gaucho” style is a world–renowned symbol of Argentine craftsmanship. Blending the quality of a bygone era with a sophisticated, modern, global outlook, the brand's beautifully handcrafted clothing and accessories herald the birth of Argentina's finest designer label.

“Through beautifully handcrafted clothing and accessories, Gaucho – Buenos Aires will be a brand consumers can trust due to its high quality,” said Santiago Gallo, Lead Designer at Gaucho – Buenos Aires. “With our team's obsessive attention to detail, we are excited to make that happen. I look forward to working with both Scott Mathis and Carmen Vils to bring the vision behind Gaucho – Buenos Aires to life.”

Please visit GauchoBuenosAires.com today to sign up for insider fashion news, behind–the–brand stories, exclusive invitations, and special access to wait lists and pre–ordering.

About Algodon Wines & Luxury Development Group (Algodon Group)
Algodon Group's mission is to source and develop opportunities in Argentina's undervalued luxury real estate and consumer marketplace. By utilizing our proprietary collection of wine, hospitality, fashion brands, and real estate holdings as a foundation, we seek to expand our wide range of assets with the goal of becoming the “LVMH” of Argentina and greater South America. In building our luxury brand ALGODON®, one of prestige, distinction and elegance, we begin with a focus on the quality and reputation of our award–wining wines. Algodon Wines ultimately serve as our ambassador, as we then identify and develop vineyard operations, luxury lifestyle properties, and other real estate assets and opportunities. Our company has a passion for seeking outstanding opportunities, with the potential for growth, in spectacular settings. As we continue to produce the ultra–fine wines for which we have become recognized, we expect that our reputation for quality will only continue to grow and accordingly increase the value of our company's brand and real estate holdings. Algodon's non–leveraged, luxury assets serve as our mainstay and are currently concentrated in Argentina, which we believe represents one of the most undervalued investment sectors in the world today. For more information, please visit www.algodongroup.com.

Cautionary Note Regarding Forward–Looking Statements
The information discussed in this press release includes “forward looking statements” within the meaning of Section 27A of the Securities Act of 1933 (the “Securities Act”) and Section 21E of the Securities Exchange Act of 1934 (the “Exchange Act”). All statements, other than statements of historical facts, included herein concerning, among other things, planned capital expenditures, future cash flows and borrowings, pursuit of potential acquisition opportunities, our financial position, business strategy and other plans and objectives for future operations, are forward looking statements. These forward–looking statements are identified by their use of terms and phrases such as “may,” “expect,” “estimate,” “project,” “plan,” “believe,” “intend,” “achievable,” “anticipate,” “will,” “continue,” “potential,” “should,” “could,” and similar terms and phrases. Although we believe that the expectations reflected in these forward–looking statements are reasonable, they do involve certain assumptions, risks and uncertainties and are not (and should not be considered to be) guarantees of future performance. Among these risks are those set forth in a Form 10–K filed on March 30, 2018. It is important that each person reviewing this release understand the significant risks attendant to the operations of Algodon. Algodon disclaims any obligation to update any forward–looking statement made herein.

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Algodon Wines & Luxury Development Group Partners with Wally's Wine and Spirits for California Distribution

NEW YORK, NY—(Marketwired – April 13, 2018) – Algodon Wines & Luxury Development Group, Inc. (OTCQB: VINO), a collection of luxury assets, real estate holdings, and premium wines in Argentina, has partnered with Wally's Wine and Spirits, a leading purveyor of wine and spirits in the greater Los Angeles area, to expand distribution of Algodon Fine Wines' portfolio of award–winning Malbec wines throughout California.

Wally's Wine and Spirits was founded in 1968, in 2013 Paul and Maurice Marciano, founders of the iconic denim lifestyle brand GUESS, partnered with Christian Navarro, “the wine therapist to the stars,” to purchase Wally's Wine and Spirits. In December 2014, they expanded Wally's into a second location in Beverly Hills, also adding on a gourmet food store, a highly acclaimed wine tasting bar, and an award–winning restaurant.

In December of 2017, Algodon Fine Wines began selling at both the Los Angeles and Beverly Hills Wally's locations as well as on their website, www.wallywine.com. A formal Algodon launch dinner will be held in Los Angeles in late May for Algodon Fine Wine's partners, investors and enthusiasts.

“We are privileged to have our wines featured at Wally's Wine and Spirits,” said Scott Mathis, Algodon's founder, chairman and CEO. “We look forward to working with the team at Wally's to expand the distribution of our award–winning Malbec based wines. Having been in business for almost 50 years, Wally's is one of the most respected wine retailers on the west coast,” Mr. Mathis continued. “We look forward to sharing our exceptional wine with their loyal and discerning customers.”

“Algodon's portfolio of award–winning premium wines is an exciting addition to our wine offering,” said Christian Navarro, President and Principal of Wally's Wine and Spirits. “When adding new wines to our stores, we look for the highest quality, most exclusive products we can acquire, which we found in Algodon's Malbec portfolio. We believe their Malbec wines will be popular with our highly discerning customer base, who are always looking to sample new, high–quality wines.”

“Wally's Wine & Spirits and the Algodon Fine Wine portfolio are ideal partners for their philosophies are both founded on luxury, quality and the highest of integrity,” said James Galtieri, President/CEO of Seaview Imports, Algodon Wine's sole national importer to the United States.

Algodon Fine Wines, founded in 2007, is one of the most exciting and dynamic wine brands emerging from Argentina. Located in San Rafael, Mendoza, in the beautiful foothills of the Sierra Pintadas, Algodon produces a full range of premium wines from land holdings that include noted parcels of pre–phylloxera vineyards dating back to the 1940s. Over 325 acres of vines go back as far as 1946 and produce exceptional fruit on sandy and clay loam.

Algodon Fine Wines are handcrafted by the brilliant winemaker, Mauro Nosenzo, and advised by Master of Wine, Anthony Foster. Algodon's goal is to produce premium wines utilizing ecofriendly, organic inspired approaches, combined with the best modern winemaking technology. Algodon recently appointed Seaview Imports as its sole U.S. agent and importer of Algodon's complete portfolio of fine wines produced in the San Rafael, Mendoza wine region of Argentina.

Algodon's premium wines have received a number of top awards and ratings from the world's foremost tasting competitions. On October 19, 2016, Algodon was awarded a gold medal in the Global Malbec Masters 2016 Wine Competition for its 2012 Black Label Malbec, a competition comprised of Masters of Wine & Master Sommeliers. Algodon's Black Label Reserve Wines represent the best from Algodon Fine Wines, selected from 70–year–old vines, micro–vinified (small batch vinification) and matured in French oak.

In addition to over 330 points of sale throughout Argentina, Algodon Fine Wines are also distributed in Germany, Switzerland, Guernsey, U.K., the Netherlands and the United States.

In conjunction with the launch of Algodon Fine Wines with Wally's Wine and Spirits, Wally's is offering Algodon's shareholders of record a 25% discount on all purchases, utilizing PROMO CODE: VINO1234. For more information and to order your favorite Algodon Fine Wines, please contact Wally's Fine Wines at 1 (888) 992 5597 or at www.wallywine.com.