POM Wonderful signs on as for South Beach Wine & Food Festival
Participating in this sponsorship deal:
About Sponsor:
POM Wonderful, LLC is a privately owned company which markets an eponymous brand of beverages and fruit extracts. It was founded in 2002 by the billionaire industrial agriculture couple Stewart and Lynda Rae Resnick. They are also affiliated with the companies Teleflora, FIJI Water, pesticide manufacturer Suterra, and Paramount Agribusiness. Although POM Wonderful does not disclose its profits, Newsweek magazine reported annual sales of its juice rose from $12 million in 2003 to $91 million in 2006.
About Property:
The Food Network & Cooking Channel South Beach Wine & Food Festival presented by FOOD & WINE is an annual wine and spirits events showcasing many of the world's top chefs, spirits producers, and culinary personalities. The event is hosted by Florida International University's School of Hospitality and Tourism Management. Proceeds from the festival go to the School of Hospitality and Tourism Management's Teaching Restaurant and the Southern Wine & Spirits Beverage Management Center at FIU.