Pinot Days Festival NYC

On Sunday, January 18th the 4th Annual Pinot Days Festival will take place at City Winery at 154 Varick Street. The Grand Tasting will showcase 35 phenomenal producers of pinot noir. Consumers will be able to sample up to 100 pinots from every important pinot noir region, from the Russian River Valley to the Santa Rita Hills, Oregon to the Anderson Valley, Burgundy to New Zealand to the Sonoma Coast. Attendees will be able to taste these highly acclaimed wines, meet the gifted and charming winemakers who create them, and experience the passion and romance that the pinot noir industry continues to embody.

Attendees will get the chance to discover and celebrate pinot noir in its many diverse styles, explore new producers, and perhaps even become a new pinot devotee! The standard price for the festival is $75 per person. For more information on the festival or to read about other events and exhibitors, click here

Shake Shack Files For IPO

Shake Shack has detailed its plans for a $100 million initial public offering with the U.S. Securities and Exchange commission. In the filing documents Shake Shack sheds light on the current state of the company, including an aggressive growth strategy and their concept of ‘fine casual’ cuisine. The prospectus reads: “We embrace our Company’s fine-dining heritage and are committed to sourcing premium, sustainable ingredients, such as all-natural, hormone and antibiotic-free beef, while offering excellent value to our guests.” Shake Shack also outlines the different risks and benefits of investing in the burger chain.

Firstly, Shake Shack aims to open ten new domestic locations per year beginning in 2015, which will lead to having at least 450 outposts long term; the prospectus states: “We believe there is tremendous whitespace opportunity to expand in both existing and new U.S. markets, and we have invested in our infrastructure through new hires at our home office to enable us to continue to grow rapidly and with discipline.”

To read more about what the prospectus outlines about recruiting, ROIs, profit margins and foreign growth,  click here