Thank you all for your continued support in helping Chareau become the nationwide success it is today!
Chareau is now available in over 30 states, 2500 accounts, and growing triple digits year over year. In 2018, we sold over $940k of our award winning product, up 105% over the 2017 revenue. We were able to accomplish this growth by opening new domestic markets, but more importantly, continuing to grow in our already established states all across the country. California, our oldest market, was up over 80% in 2018, and the momentum is still going strong. Chareau continues to be poured at many of the best bars in the country, and we're starting to see our presence grow in retail stores day after day.
Not only has Chareau grown in distribution, but we've alsobeen able to increase our gross margins while receiving our highest reviews and accolades to date. 2017 saw Chareau win its first award, the prestigious Double Gold medal at the San Francisco World Spirits Competition, and in 2018 we continued to impress critics by receiving a score of 96 from Wine Enthusiast Magazine as the Highest Rated Liqueur of 2018. We're becoming more efficient, more profitable, and more sustainable without sacrificing quality, and instead making the best batches yet.
In addition to the great press from Wine Enthusiast Magazine, Chareau was featured on liquor.com, the Atlanta Journal Constitution, SevenFifty, the James Beard Foundation and more. Please check out the press section on our website and continue to follow Chareau on all of our social media channels for all of our up to date news, cocktails and events.
2019 is already off to a great start and we're doing our best to keep up the momentum. Keep spreading the love for Chareau to all your friends and have your eye out for that wonderful bottle in a store near you.
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