Gaucho group holdings announces strategic measures to streamline operations and cost efficiencies

Anticipated $1.5 million cost reduction to fuel growth and real estate sales momentum into 2025 miami, fl / accesswire / april 9, 2024 / 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 (the "company" or "gaucho holdings"), today announced a series of strategic measures to streamline operations and cost efficiencies. these efforts are expected to yield approximately $1.5 million in expense savings over the next 12 months, with the anticipation of up to an additional $1 million in expenses saved in 2025.
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