Virgin Wines UK has announced its annual results for the year ending 28 June 2024, showcasing a marked improvement in profitability despite a flat revenue and challenging market conditions.
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Retail is likely to remain firmly in the mix for many hospitality operators, even once the pandemic recedes.
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Wine duty receipts fell back 2.1% in the first six months of the financial year, according to data released by the government.
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C&C Group has reported a drop in full-year net revenue and profit with sales hit by severe weather in the second half.
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