Wally's Wine & Spirits Announces Launch Of Wally's Auction House

LOS ANGELES, July 8, 2013 /PRNewswire/ -- Following the June 2013 acquisition of Wally's Wine & Spirits in Los Angles, the company's new executives have branched out to create Wally's Auction House.  The company plans to open a New York based headquarters in the near future.

With the latest company extension brings the appointment of Michael Jessen, who has joined Wally's Auctions as the President and Chief Executive Officer. Jessen has dedicated the past decade to fine and rare wine and was most recently the head of Zachys auction division, overseeing the placement of $500 million worth of the finest and rarest wines. He has extensive experience working with the world's greatest collection and will bring his knowledge and expertise to the wine auction division at Wally's.

"I am thrilled to join Christian Navarro, the Marciano Family, and the Wally's team in developing the Wally's brand," said Michael Jessen. "I am especially excited for the opportunity to build a world-class wine auction company and could not imagine a better organization than Wally's to work with towards achieving this goal."

Julia Gilbert will also join the Wally's Auction House as Managing Director with eight years of wine auction industry experience. For the past several years, Gilbert served as Auction Director at Zachys Wine Auctions where she oversaw consignment acquisition and management, marketing, events and public relations.

"Christian and I are very excited about this new venture, and look forward to preparing our very first auction within the next year, where attendees can bid on the best world class wine selection," said Maurice Marciano.

About Wally's Wine & Spirits
In business since 1968, Wally's Wine & Spirits has long been a Los Angeles institution ranging from first-time wine buyers to collectors and connoisseurs. Combining personal service with a patient and knowledgeable staff, an inventory of thousands of hard to find wine, beers and spirits, in a relaxing and comforting atmosphere, it is no wonder that the Zagat Survey has called Wally's "The No. 1 Wine Shop in Los Angeles," and Forbes lists Wally's as one of their "Top Shops."  The store is located on Westwood Boulevard in West Los Angeles, and its many unique products can also be purchased online at www.wallywine.com.

CONTACT: 

Christian Navarro
President
Wally's Wine & Spirits
310.475.0606
[email protected]

SOURCE Wally's Wine & Spirits