Virgin Wines has agreed a strategic partnership with Ocado.com, which will give the online-only supermarket’s customers access to an exclusive selection of 50 wines from Virgin’s portfolio.
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Troubled online retailer Naked Wines has announced a further fall in sales, with its full year results showing total sales down 18% year-on-year to £290m (52 weeks to 1 April 2024) against £345.0m in FY23.
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Online wine retailer, Naked Wines, has appointed Rodrigo Maza as MD of the UK business (pictured), as it continues to grapple with the ongoing challenge of new customer acquisition post-Covid.
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Vivino, the wine scoring and recommendations app, is switching up its ecommerce strategy in the UK, where it will no longer be pursuing direct sales and is instead leaning on its network of indie merchants.
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Virgin Wines, one of the UK’s largest direct-to-consumer online wine retailers, has reported an end of year performance “in line with expectations”, following a “disappointing” downturn resulting from short term challenges at the end of 2022.
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What is VinoVirtual and how does it differ from ‘run-of-the-mill’ trade shows?
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Online retailer Virgin Wines has reached a new milestone in its sustainability journey, by announced that they have officially been certified carbon neutral.
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With his relaxed style and ample enthusiasm, Jay Wright certainly doesn’t fit the old stereotype of a wine trade CEO. As the boss of one of the more successful online retailers, though, he is clear about the vision and values that underpin the popularity of Virgin Wines. And much of that comes down to what he believes the company – and, by extension, the wider drinks trade – actually sells.
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Online retailer Pacific Wines has announced plans to open an inaugural shop at the end of August, making the leap from ecommerce to physical retail.
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Online retailer Naked Wines has lost nearly 40% of its market value after it admitted that lockdown-boosted sales and heightened customer acquisition is likely to see a significant drop in 2023.
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January saw the lowest rate of online retail growth ever at a slump of -24.4%, according to the IMRG Capgemini Online Retail Index, which tracks the online sales performance for over 200 retailers. At category level, beer, wine and spirits fell even further, reaching an average of -26.6%.
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A five-year snapshot of the retail world reveals just how sales of wines and spirits have been shaken up by the pandemic, as Andrew Catchpole reports.
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Ecommerce is becoming a major force in global retail, with online sales of BWS achieving a total value of $6.1 billion in the US market last year.
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After 18 months of escalating online demand and consumers being immersed in “online shopping training”, the packaging industry is being tasked with satisfying supercharged convenience, sustainability and luxury trends, which , finds Jo Gilbert, is quite the challenge.
Ecommerce is to remain a key driver of value growth in global alcoholic drinks markets, with wine to the fore. Andrew Catchpole reports.
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The BWS category suffered one of its poorest performances on record in November, plummeting -21.4% versus the same month in 2020, as consumers rushed out of their houses to socialise and shop ahead of the fear of potential new December 2021 lockdowns.
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The total value of the e-commerce sector in headline markets is expected to grow at an unprecedented rate between 2022-2025, according to the IWSR.
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The founders of online wine retailer, Plonk, have unveiled their mission statement: rebrand and revitalise the use of this derisory epithet and repurpose it for a new generation of wine drinkers.
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The Circle of Wine Writers has revealed that it is to carry on into 2022 with its regular programme of Let’s talk about… webinars and Let’s taste… web-based tastings.
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The British tabloids have spoken: Christmas 2021 is unlikely to yield much festive cheer. Unfortunately, this isn’t simply press hyperbole – the UK’s food industry is under enormous pressure, while retail supply chains continue to be stymied by a lack of HGV drivers.
Meanwhile, the Office for National Statistics (ONS) released a set of data in September which confirmed that the on-trade staffing crisis has not abated. “Sourcing staff has been one of our biggest challenges since we reopened,” says Avinash Shashidhara, head chef at Pali Hill restaurant in London.
