Majestic Wine
This coverage provides in-depth analysis of Majestic Wine’s strategic initiatives within the UK retail sector. Reporting encompasses store expansion plans—including the identification of 125 potential new locations and the aim to open one new store per month— as well as investments in experiential retail formats. Additionally, the content examines Majestic’s acquisition of Enotria&Coe to enhance its position in the on-trade market and the rescue of Vagabond Wines to engage younger consumers. Insights into financial performance, leadership appointments, and responses to regulatory changes, such as the UK’s new alcohol duty system, are also included. This information is tailored for retail professionals monitoring developments in wine retailing, supply chain management, and market positioning.
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Apr- 2025 -15 AprilNews-In-Brief
Today’s news in brief-15/4/25
Halfords has appointed Henry Birch, former CEO of The Very Group, as its new chief executive, replacing Graham Stapleton, who steps down after seven years. Under Stapleton’s leadership, Halfords transformed from a cycling and motoring retailer into an omnichannel motoring services specialist, growing annual revenues from £1.1bn to £1.7bn. Birch,…
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15 AprilHigh Street
Majestic completes acquisition of Enotria&Coe
Majestic, the wine specialist in retail, wholesale and hospitality, has completed the strategic acquisition of Enotria&Coe, a supplier of premium wines and spirits for an undisclosed sum. Majestic said the combination accelerates its ambition to become the “go-to” supplier of wines, beers and spirits in the UK on-trade, creating a…
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Mar- 2025 -31 MarchNews-In-Brief
Today’s news in brief-31/3/25
Primark CEO Paul Marchant has resigned with immediate effect following an investigation into an allegation regarding his behaviour towards a woman in a social setting. Parent company ABF launched an external probe, after which Marchant acknowledged his “error of judgement” and apologised to the individual, the board, and Primark employees.…
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31 MarchHigh Street
Majestic agrees to acquire Enotria&Coe
Majestic, the UK specialist wine retailer, has entered into a formal agreement to acquire the premium wines and spirits supplier, Enotria&Coe for an undisclosed sum. Majestic said the combination will accelerate its strategic ambition to become the UK’s pre-eminent supplier of wines, beers and spirits, and improve value, choice and…
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Feb- 2025 -18 FebruaryNews-In-Brief
Today’s news in brief-18/2/25
Shein has maintained strong growth despite recent challenges, including the US removing duty-free status for low-value ecommerce packages from China and increasing tariffs. Executive chairman Donald Tang reassured investors in a letter, emphasizing the company’s ability to offer affordable fashion and lifestyle products. Tang also expressed support for de minimis…
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18 FebruaryPeople Moves
Tesco appoints new wine product development manager
Tesco has announced that Beth Kelly, a Master of Wine (MW), has joined the supermarket’s wine team as wine product development manager. Previously a buying manager at Majestic Wine, Kelly will be responsible for France and South Africa across both still and sparkling wines. With over 20 years of experience in…
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Nov- 2024 -12 NovemberHigh Street
Majestic Wine partners with The Range for new Plymouth opening
Majestic Wine has partnered with The Range to launch its first store in Plymouth. The wine retailer opened the doors to the 4,400 sq ft shop on the ground floor of The Range’s head office in Derriford, after signing a deal to sublet space within the building. The store is…
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Oct- 2024 -30 OctoberNews-In-Brief
Today’s news in brief-30/10/24
Next is on track to surpass £1bn in profits for the first time, following a strong performance in autumn. The fashion retailer revised its full-year profit guidance from £995m to £1.005bn, citing a 7.6% increase in third-quarter full-price sales, exceeding its 5.0% projection. Colder autumn weather contrasted with last year’s…
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Jul- 2024 -25 JulyNews
Today’s news in brief-25/7/24
Burberry is on the lookout for a new chair to replace Gerry Murphy amidst challenging times in the luxury goods market. Following a profit warning and CEO change, Burberry aims to rejuvenate its struggling business, highlighting ongoing difficulties exacerbated by weakened demand from the Chinese market. Hammerson remains optimistic despite…
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9 JulyNews
Today’s news in brief-9/7/24
Amazon’s Coventry warehouse is at the centre of a groundbreaking union recognition ballot involving over 3,000 workers. If successful, this vote, set to conclude on July 13th with results expected by July 15th, could compel Amazon to negotiate with GMB Union on pay and working conditions. Concurrently, rallies are planned…
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