Analysis: Majestic's acquisition of Naked Wines
Majestic Wines' acquisition of Naked Wines, and the appointment of Rowan Gormley as its new chief executive, will see the launch of a new international multi-channel wine retailing group.
Read more...Majestic Wines' acquisition of Naked Wines, and the appointment of Rowan Gormley as its new chief executive, will see the launch of a new international multi-channel wine retailing group.
Read more...Majestic Wines has bought Naked Wines for £70 million and named Rowan Gormley chief executive officer of the new combined group.
Read more...Shifts expected in the off-trade over the next 12 months are likely to create a "huge opportunity" for independent merchants, according to Tim Wilson of the Wilson Drinks Report.
Read more...Majestic Wine's chief executive Steve Lewis is leaving the retailer with immediate effect, on the back of poor festive sales.
Read more...Some of the biggest wine importers, distributors, brokers and retailers in the country, including Majestic, Berry Bros & Rudd and Farr Vintners, have written to Bordeaux producers to demand changes in pricing of wines being offered to the UK.
Read more...Pub and restaurant groups across the country enjoyed a festive trading boost of 2.8% on the same period last year, with those inside London putting in a stronger performance.
Read more...Up to 95% of the 200 suppliers who took part in our survey into the behaviour of major UK retailers want them to change. Here Gemma McKenna reveals what suppliers really think of the big multiples
Read more...Tesco has been named and shamed as the worst retailer to work with in a survey of over 200 wine and spirits suppliers carried out by Harpers.co.uk.
Read more...Majestic Wine saw sales creep up 1.1% over a "difficult Christmas" while Waitrose celebrated a bumper 15.4% increase in BWS sales over the same period last year.
Read more...2014 saw the drinks supply sector rocked by news of Tesco's accounting practices, and the subsequent suspension of the supermarket's BWS chief brought the scandal closer to home. We would like to find out how suppliers rate retailers across the board.
Read more...Majestic Wine's profits have slipped 10.5% to £8.5 million, although group sales are up 2.8% to £133.8 million in the first half of the year.
Read more...Oddbins managing director Ayo Akintola describes Majestic's recent demand from suppliers for financial support for its new warehouse as "one of the shabbiest business decisions" in the past couple of decades in the UK wine industry. Here, in his own words, he responds to its actions:
Read more...Oddbins boss Ayo Akintola has ended 25 years of cordial relations with rival retailer Majestic in a hard-hitting comment for Harpers.co.uk in which he accuses the firm of "morally repugnant" and "shabby" behaviour after it called on suppliers to fund a new warehouse.
Read more...Majestic has asked some of its suppliers to contribute a 4p per bottle retrospective payment to help fund its new warehouse in Hemel Hempstead, Harpers understands.
Read more...Leading Majestic wine buyers have defended the chain from taking share from independent merchants and demanded better service from major wine suppliers with "laughable" demands.
Read more...In the second of her series of 'Buyer to Buyer' interviews, former Somerfield head wine buyer, Angela Mount, talks to Matt Pym and Chris Hardy of Majestic Wines about their buying strategy and what they are looking for from their suppliers.
Read more...Speaking to Harpers.co.uk following the group's results yesterday, Steve Lewis described the group's total sales growth of 1.4% to £278.2 million as "not where I'd want it to be", adding that the combination of poor harvests and duty increases had made for "difficult trading conditions".
Read more...Majestic Wine has reported a small dip in like-for-like sales, down 0.1%, but fine wine sales have rocketed by a fifth while Provence rosé is up 84%.
Read more...Majestic Wine's shares have fallen by as much as 20% over the last two days after it issued a profit warning saying its overall profit before tax would be flat for the financial year.
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