The answer is yes, albeit, in moderation. Wine, specifically red wine, is an excellent source of polyphenols, in particular resveratrol. These antioxidants fight free radical damage and have been found to help with skin firmness and elasticity, reversing collagen loss and environmental damage. In addition to these benefits, resveratrol seems to help skin to maintain a healthy, natural glow. Wine also contains natural AHAs, antiseptics and anti-inflammatory properties that can help to treat acne and breakouts.
All these being said, wine still must be consumed in moderation; over consuming alcohol will reverse the any health benefits. The recommended daily wine for women is one glass and two glasses for men.