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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Feb- 2020 -13 FebruaryPeople Moves
Majestic Wines appoints new CFO
Specialist drinks retailer Majestic Wine has announced the appointment of Alex Jablonowski as its chief financial officer. Jablonowski joins from the Oasis and Warehouse Group, and previously held positions at Hamleys, Tesco and Costa Coffee. The appointment follows a series of changes to the retail board at Majestic, as the…
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Dec- 2019 -11 DecemberOnline & Digital
Naked Wines completes £95m Majestic Wine disposal
Naked Wines has confirmed it has completed the £95m sale of Majestic Wines to the US-based Fortress Investment Group. The deal will see Majestic Wine Warehouses Limited and Les Celliers de Calais S.A.S, which together comprise the Majestic retail and commercial business, keep all 190 stores open. Under its previous…
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11 DecemberDepartment Stores
Debenhams appoints John Walden and Kevin Conroy as non-executive directors
Department store Debenhams has appointed John Walden and Kevin Conroy as non-executive directors of Celine Jersey Topco, the parent company of the Debenhams Group. Walden is currently chairman of Naked Wines (formerly known as Majestic Wine plc) and was previously held the position of chairman at Holland and Barrett International.…
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Nov- 2019 -21 NovemberOnline & Digital
Naked Wines appoints Nick Devlin as new chief executive officer
Online subscription wine retailer, Naked Wines, has appointed Nick Devlin as chief executive officer. Currently the chief operating officer, Devlin has been confirmed for the position of CEO after Rowan Gormley announced he will depart his position once the Christmas trading season is over. Gormley founded Naked Wines in 2008,…
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Aug- 2019 -2 AugustM&A
US investment firm acquires Majestic Wine in £100m deal
Majestic Wine has entered into an agreement to sell its commercial and retail business to CF Bacchus Holdings Limited, a vehicle controlled by funds managed by Fortress Investment Group, in a deal worth around £95m. A separate sale of one freehold property previously owned by MWWL to an independent third…
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Jun- 2019 -13 JuneHigh Street
Majestic Wine records loss as focus switches to online
Wine retailer Majestic Wine, has recorded an £8.5m loss for the financial year up 2 April, in spite of a 6.3% increase in reported revenue to £506.1m. Alongside the stores impairment charge, the retailer also invested extra funds into its online company Naked Wines. The extra investment saw, revenue at…
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Apr- 2019 -24 AprilHigh Street
Majestic Wine could sell all UK stores as it moves online
Specialist wine retailer Majestic Wine could sell all 200 of its UK stores as the business prepares to move its operations online under the Naked Wines brand. The company has reportedly appointed investment bank Rothschild and Co to discuss options on a potential sale. Last month, the company announced its…
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Jun- 2018 -14 JuneHigh Street
Majestic Wine sees profit and sales increase
Wine retailer and supplier Majestic Wine has reported an increase in profits and sales for the 52 weeks ended 2 April 2018. The group reported that its sales were up by 2.3% for the year. It said this increase was driven by 11.3% underlying sales growth in its online wine…
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