It was a marriage of convenience. Naked Wines needed the cash injection. Majestic needed the online know-how in order to expand its digital footprint. After the pair’s relatively amicable breakup in 2019, Naked Wines is now very much looking to re-establish itself as a solo entity with a serious portfolio that can engage even the most sceptical wine lovers.
Read more...
The wine trade can be a wonderful place to work. Yes, we have had our share of stresses and strains since Covid used its airmiles. True, people running wine businesses can spend more time with PnL spreadsheets and cashflow projections than they do with the latest vintage from Chateau Marvellous. But overall, the balance sheet for working with wine is very strong.
Read more...
Extra help is needed to support small, independent retailers through a second lockdown, including a ‘Shop out to help out’ scheme and a cashflow windfall, it has been suggested.
Read more...
A new auction to provide much-needed relief for Lebanon’s struggling wine sector has drawn support from the UK wine trade, after a massive explosion decimated the country’s main port on 4 August.
Read more...
