Virgin Wines
This coverage examines Virgin Wines’ commercial activities and strategic position within the UK retail and wine markets. Reporting highlights developments in its direct-to-consumer operations, financial results, wholesale partnerships, digital marketing strategies, and leadership changes — providing insights relevant to retail executives, brand managers, and professionals overseeing wine retail, e-commerce, and supplier relationships.
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Aug- 2025 -12 AugustPeople Moves
AO World appoints Sophie Tomkins as non-executive director
AO World has announced that Sophie Tomkins has been appointed as an independent non-executive director of the Company with effect from 1 September 2025. AO World said Tomkins brings “extensive” board-level experience, currently serving as a non-executive director at Wilmington PLC, Virgin Wines UK PLC, and System1 Group PLC and…
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Jul- 2025 -31 JulyLuxury Goods
Virgin Wines beats market expectations despite FY profit fall
Virgin Wines has reported that pre-tax profits fell to £1.6m in the year ended 30 June 2025, down from £1.9m in the previous year. Despite the decline, this was ahead of market expectations by 23.1%. Meanwhile, EBITDA fell to £2.3m, down from £2.8m the prior year, which the group attributed…
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Mar- 2025 -26 MarchNews-In-Brief
Today’s news in brief-26/3/25
John Lewis is close to securing approval for its housing project in Reading, transforming a former customer collection facility into 215 homes, including 49% family-sized units and 10% affordable rentals. The development, featuring shared workspaces, a gym, and communal areas, is part of an £80m investment in rental housing. A…
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26 MarchOnline & Digital
Virgin Wines targets £100m revenues through ‘turbocharging’ growth plan
Virgin Wines has unveiled plans to “turbocharge” its growth and deliver £100m in annual revenue over the next five years through a new growth strategy, whilst the group hailed a “resilient” performance in its H1 results. The plan, which aims to deliver this revenue growth at a 7% EBITDA margin,…
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5 MarchNews-In-Brief
Today’s news in brief-5/3/25
Walgreens Boots Alliance, owner of Boots, is in advanced talks with private-equity firm Sycamore Partners for a potential $10 billion deal to take the struggling drugstore chain private. This move comes amid Walgreens’ shares declining sharply over the past decade, from a peak market value of over $100bn in 2015…
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5 MarchPeople Moves
Virgin Wines CFO retires after 22 years
Virgin Wines has announced that Graeme Weir is retiring from his role as chief financial officer and company secretary after 22 years. During his time at the company, Weird played a “huge” role in the growth of the business alongside CEO Jay Wright, including leading a private equity-backed buyout in…
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Feb- 2025 -6 FebruaryFeatures
Are we in the golden age of drinking at home?
The wine retail market has shown surprising resilience over the 2024 Christmas period, with a number of wine-specific groups outperforming the broader market. With trends shifting towards at-home experiences, and with people reportedly frequenting pubs less and less outside of special occasions, it’s tempting to wonder: Are we living in…
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Jan- 2025 -29 JanuaryNews-In-Brief
Today’s news in brief-29/1/25
Lord Wolfson, CEO of Next and Conservative peer, has leveraged his House of Lords position to propose amendments phasing in upcoming National Insurance (NI) reforms. The budget measures, effective April, will raise employers’ NI contributions from 13.2% to 15% and lower the secondary threshold to £5,000 annually. Wolfson supports staggered…
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29 JanuaryOnline & Digital
Virgin Wines revenues rise 6.7% over Xmas season
Virgin Wines has reported that revenues rose by 6.7% year-on-year during the six-week period to 27 December 2024, as sales were 9% higher than the Christmas before – the highest level since the pandemic lockdowns. According to the online wine retailer, its performance over Christmas was underpinned by initiatives to…
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Oct- 2024 -23 OctoberNews-In-Brief
Today’s news in brief-23/10/24
Chancellor Rachel Reeves is reportedly considering imposing higher taxes on Amazon as part of a broader effort to support British high streets, which have been struggling to compete with online giants. The proposed measures could come after her upcoming autumn budget, which is expected to introduce tax hikes and spending…
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