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Floundering Fresh Vine Wine at odds with Nina Dobrev and Julianne Hough

Summary by Ground News
Fresh Vine Wine is at odds with its celebrity co-founders Nina Dobrev and Julianne Hough. The company has liquidated some of its inventory and is actively looking for someone to buy it. Fresh Vine raised $22 million from a December 2021 initial public stock offering. The shares were priced at $10 when the company went public and never traded above that mark.

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Star TribuneStar Tribune
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Floundering Fresh Vine Wine at odds with Nina Dobrev and Julianne Hough

The Minnetonka-based company is exploring strategic alternatives, including a sale, and has fired most of its staff and liquidated some of its inventory.

·Minneapolis, United States
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  • 100% of the sources lean Left
100% Left
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Star Tribune broke the news in Minneapolis, United States on Wednesday, August 30, 2023.
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