All Majestic Wine articles – Page 2
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Analysis and FeaturesWill the future be bright for Majestic after Fortress deal?
The sale of Majestic’s retail estate to the US equity firm is a complicated one. So what lies ahead for Majestic and Naked
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NewsMajestic Wine sold to US investment firm Fortress in £95m deal
Majestic Wine has sold its Majestic-branded retail division and its commercial business to US investor Fortress Investment Group for £95m. Plus, all the rest of the latest news from the City.
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Analysis and FeaturesIs Dan Jago the right man to see Majestic take back its crown?
Reports have linked the former Berry Bros & Rudd CEO to a possible top job at the wine warehouse
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NewsMajestic Wine MD insists future bright despite sale rumours
The process of selling its retail business and its wholesale arm, Majestic Commercial, is expected be finalised over coming months
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NewsMajestic warns some suppliers could 'lose out' as it restructures
A letter to suppliers this week says relationship could change for those not ’economically and strategically’ aligned with Majestic
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Analysis and FeaturesAs store closures loom, what's the future of Majestic Wine?
The company wants to ditch physical retail to focus on its online business Naked Wines
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NewsJoshua Lincoln to lead Majestic and Naked Wines UK as restructure looms
Majestic this morning announced plans to sell numerous Majestic stores and rebrand the remaining estate under the Naked moniker
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NewsMajestic Wine to close stores in Naked rebrand
Majestic Wine is to close stores and rebrand as Naked Wines as part of a transformation plan, Greene King hires a new non-executive director and the rest of the new from the City
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News'Millennial booze cruisers' ravage Majestic's Calais stores as Brexit looms
Sales rose 49% throughout February, with pre-orders up 78%
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NewsNaked Wines to send 'flat' bottles to potential customers
It comes as part of a major marketing drive by Naked Wines parent company Majestic to draw in new customers
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Analysis and FeaturesCity News: Majestic Wine's turnaround hits the buffers
Majestic Wine investors were nursing a sore head on Thursday as the retailer plunged to a half-year loss three years into its supposed turnaround plan.
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NewsMajestic slips to first half loss amid Naked investment and “sluggish” UK market
Majestic Wine has fallen to a first half loss of £0.2m as investment in growth and the “tough” retail market were a drag on performance.
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NewsMajestic Wine trials two new store concepts
The wine retailer has given its Cheam store a new colour-coded layout and a ‘wine fitting’ station
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NewsCity snapshot: Majestic Wine back in the black despite “challenging” home market
Majestic Wine has posted a full year pre-tax profit of £8.3m after reported a loss of £1.5m last year as the improved performance of its Naked Wines business boosted the bottom line. Plus, PZ Cussons warns Nigerian economic troubles will hit profits, NWF Group reports year head of expectations and all the rest of the latest news from the City.
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NewsMajestic to focus on Commercial arm in next stage of strategy
Majestic Commercial MD Olivia FitzGerald told The Grocer the division had “been set to one side”
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NewsMajestic tells brands to expect mass delists
It is switching to a buying model similar to that of sister business Naked, with plans to crack down on brands
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The Big InterviewJoshua Lincoln of Majestic Wine on turning the business around
Sales at the wine business are growing in a turbulent UK wine market, and customer footfall is on the rise too
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NewsMajestic Wine warns of earnings hit as it looks to lure new customers
Majestic Wine plans to plough up to £12m into attracting new customers
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NewsMajestic Wine eyes move away from discounts towards own-label, exclusives and craft beer
The retailer is launching a new own-label gin and plans to work with breweries on exclusive beers
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NewsCity snapshot: Naked Wines drives first half growth at Majestic
Majestic Wine has posted underlying first half sales growth of 4.2% and a return to profitability as its Naked Wines online business saw its US sales jump. Plus, platinum members can read the our full exclusive interview with Tesco’s Dave Lewis and Booker’s Charles Wilson, Remy Cointreau’s first half sales rise and all the rest of this morning’s news from the City.
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