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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Feb- 2022 -3 FebruaryOnline & Digital
Virgin Wines revenues surge 55% to £40.5m
Virgin Wines UK plc, the online wine retailer, has reported its revenues surged 55% to £40.5m in the six months ending 31 December 2021, compared to £26.2m in H1 FY20. The group also witnessed repeat sales from core channels growing 6.2% year-on-year to £29.6m, and up 59% compared to H1…
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Dec- 2021 -9 DecemberEconomy
Moonpig revenue dips in H1
Moonpig has revealed that year-on year revenue fell by 8.5% to £142.6m in the half-year ended 31 October, despite reporting a revenue growth of 115% on a two-year basis. The group also saw EBITDA decline by 15.1% over the period while pre-tax profit plunged by 43% to £18.7m, as the…
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Feb- 2021 -16 FebruaryOnline & Digital
Virgin Wines set to float £100m for next month
Virgin Wines has announced plans to float on the London Stock Exchange for around £100m. The online wine retailer is known for its “award-winning and largely exclusive premium wines” through its premium subscription based service for customers. The company was founded in 2000 as part of the Virgin Group owned…
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