Virgin Wines has welcomed strong trading over Christmas, with revenues in the seven weeks to 26 December 2025 up 5% year-on-year, alongside a 40% increase in customers acquisition.
The online retailer also reported that total revenues rose by 2% to £34.7m for the six months to 2 January 2026, up from £34.1m the previous year, as its growth strategy “gained momentum”.
The company outperformed the wider online drinks market over the half-year, which saw an 11% decline during the same period, attributing the performance to growth in its commercial partnerships and warehouse wines division.
Revenue from warehouse wines grew by 92% year-on-year. The company also reported double-digit growth in its partnership with Moonpig. A new mobile app is also scheduled for release during the current quarter.
Looking ahead, the board stated that the full-year outlook for 2026 remains in line with market expectations despite ongoing inflationary pressures and a challenging consumer landscape.
It added the “significant increase in customer acquisition positions the company well for future growth, supported by the sustained growth of Warehouse Wines and a strong pipeline of opportunities for further expansion of the commercial channel”.
Jay Wright, CEO of Virgin Wines, said: “We are delighted to report a positive first-half performance in which we have delivered meaningful market share gains enabled by our growth strategy.
“It was particularly encouraging to see 5% year-on-year growth over the key Christmas trading period, driven by a 40% increase in customer acquisition, the continued growth of our Commercial channel and a 92% increase in revenue year-on-year from our Warehouse Wines brand.”
He added: “With a strong balance sheet, agile sourcing model, a loyal customer base, and the imminent launch of our mobile app which we believe will drive further customer engagement, we remain confident in a full-year performance in-line with our growth expectations.”
