Virgin Wines

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…

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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…

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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…

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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…

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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…

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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…

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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…

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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…

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Virgin Wines returns to profitability in FY24

Virgin Wines has reported a return to profitability in the year to 28 June 2024, as profit before tax rose…

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Today’s news in brief-4/10/24

Shein is moving ahead with plans for a highly anticipated London IPO, reportedly set to hold informal talks with investors…

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