All Virgin Wines articles
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Virgin Wines boss credits ‘really encouraging’ performance of value brand for return to profitability
Virgin Wines boss Jay Wright has credited the “really encouraging” performance of Warehouse Wines for the retailer’s return to profitability.
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Virgin Wines strikes partnership with Ocado
Virgin Wines has launched a strategic partnership with online grocer Ocado, which has started to offer a range of 50 wines from Virgin’s assortment.
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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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Virgin Wines hails ‘good Christmas’ as sales and profitability jump
Virgin Wines has hailed a strong Christmas trading period, reporting increases in both total revenues and profitability and maintaining its full-year profit guidance.
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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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Virgin Wines announces partnership with WHSmith
Virgin Wines has announced a new partnership with WHSmith as part of the retailer’s “strategic focus on commercial partnerships”.
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Virgin Wines profits wiped as Christmas trading impacted by operational issues
Virgin Wines profits and sales dropped in the first half, as the cost-of-living crisis exacerbated what the chief executive called “certain internal and operational challenges” over Christmas.
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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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Virgin Wines expects sales and margin impact from tough trading conditions
Online specialist Virgin WInes anticipates flat sales and lower margins in its current financial year as tough trading conditions take a toll.
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Virgin Wines counts cost of new customer acquisitions as profits fall
Virgin Wines has reported a slight decline in both profits and sales as it invests in new customers and its subscription business.
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Virgin Wines blames rising cost pressures as it issues profit warning
Virgin Wines has blamed a host of macroeconomic factors, including spiralling inflationary and other cost pressures, after issuing a profit warning.
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Virgin Wines posts first profit as public company as customer numbers soar
Following its IPO, Virgin Wines has recorded sales and profits growth, as more customers turned to shopping online.
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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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Breakfast briefing: Retail news on Tesco, Ikea and Virgin Wines
Retail news round-up on December 18, 2014: Tesco’s accounting black hole may be bigger than feared, Ikea customer anger over delivery delays, Virgin Wines offers locker collection service
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Virgin Wines offers Christmas click-and-collect through lockers
Virgin Wines has partnered with delivery locker operator InPost to offer a click-and-collect service for Christmas drinks orders.
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Direct Wines sells etail business Virgin Wines
Virgin Wines, the online wine retailer, has been bought out by its management team in a £14m deal backed by Mobeus Equity Partners and Connection Capital.