All Off-licences and wine articles
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News
Majestic has ramped up its bricks-and-mortar expansion with fresh £1m investment
Majestic Wine is ramping up its commitment to bricks and mortar with a fresh £1m investment in its store estate.
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News
Majestic Wine opening first store on Channel Islands
The UK’s largest specialist wine retailer has revealed plans to expand to the Channel Islands as it doubles down on its investment into bricks-and-mortar growth.
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News
Virgin Wines ‘optimistic’ about future growth as sales increase
Virgin Wines says it is “optimistic” about its prospects after it posted a revenue increase in its latest results.
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News
Virgin Wines profits slow ‘in line with expectations’
Virgin Wines reported a full-year trading performance “in line with expectations” driven by a disciplined approach to customer acquisition, positive trends on conversion and cancellation rates, and a resilient WineBank loyalty scheme.
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Interview
Q&A: Jeroboams CEO Matthew Tipping on in-store tech, the labour shortage and branching out of London
Jeroboams has carved a name for itself as London’s local wine merchant since it began trading more than 30 years ago, with its trade distribution arm dating back to 1934, but it’s not resting on its laurels.
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News
LVMH reports record year despite economic and geopolitical environment
LVMH achieved a record year in 2022 and remains confident for growth in 2023 despite economic and geopolitical challenges.
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News
Naked Wines increases profit guidance following ‘solid festive trading’
Naked Wines has increased its full-year adjusted EBIT after a solid trading period in the quarter ending December 26.
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News
Virgin Wines issues profit warning following ‘difficult trading period’
Virgin Wines has issued a warning on full-year profits after a harsh half-year trading period hampered by strikes and operational problems.
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News
Majestic toasts Christmas trading after winning record market share
Majestic Wine reported strong growth in sales over the festive season and achieved its highest-ever market share, despite fierce competition from the supermarkets.
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Opinion
‘As retailers call founders to the rescue, long-term success can’t depend on them’
Several retailers in recent weeks have hoped their founders and former leaders can turn their fortunes around – but strong businesses are not one-man shows, writes George MacDonald
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News
Exclusive: Majestic Wine quits Calais as Brexit booze rules hammer sales
Majestic Wine is calling time on its business in Calais after Brexit regulations decimated the traditional ‘booze cruise’.
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News
Naked Wines returns to profit as it stockpiles booze ahead of Christmas
Naked Wines has bounced back into the black and increased its stock levels as the pureplay prepares for its “largest holiday season” to date.
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News
Majestic launches ‘Shop Local’ to give stores online autonomy
Majestic Wine is gearing up to launch a new online shopping platform designed to give greater autonomy to its stores and local consumers.
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News
Naked Wines exceeds sales guidance as it seizes US opportunities
Pureplay wine specialist Naked Wines has hailed its performance over the last financial year, reporting it has exceeded sales guidance driven in particular by its US market.
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News
Virgin Wines makes stock market debut after successful float
Virgin Wines will begin trading on the London Stock Exchange’s junior AIM market at 8am today following a £110m valuation.
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Gallery
Store gallery: Majestic debuts new branding and fine wine push
Majestic Wine has debuted its refreshed branding at its newest store inside Beckenham’s iconic Chinese Garage.
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News
Majestic toasts surge in sales and eyes new store openings
Majestic Wine has toasted a surge in sales during lockdown and lifted the lid on its growth plans, including new store openings.
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News
Naked Wines narrows losses as lockdown accelerates sales growth
Naked Wines has reported narrowing losses in its full-year results spurred by a “sharp acceleration” in sales since the outbreak of the coronavirus pandemic in the West.
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Analysis
Lockdown boom: Five retailers given a boost by housebound shoppers
Although coronavirus is hitting most non-food retailers hard, some businesses have been given a boost by the lockdown. Retail Week looks at some of those winning right now.
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News
Naked Wines sales to exceed £200m as lockdowns raise demand
Naked Wines has said its full-year 2020 revenues will be in excess of £200m due to higher levels of demand from new and repeat customers under lockdown because of coronavirus.