Stocking up: Booze brand Virgin Wines confirms £110m London float February 25, 2021 Alcohol subscription service Virgin Wines today confirmed plans to list on the London Stock Exchange next week in a move that will value the company at £110m. The booze business, which has been a major lockdown winner, will debut on the Aim market on 2 March. Virgin Wines said it will place 6.6m new ordinary [...]
These six bottles offer the perfect wine for winter November 6, 2023 These six bottles offer the perfect wine for winter, says our wine writer Libby Brodie
How Sir Richard Branson’s Virgin Group makes money and what it’s worth today March 21, 2024 City A.M. has taken a look at what Virgin Group still owns and what companies pay to use the brand's name.
Four venture trusts bag £45m in start-up vote of confidence October 18, 2022 Four venture capital trusts have bagged £45m from investors in just 24 hours in a vote of confidence for the vehicles after ministers reversed a decision to wind them down.
The A-Z of wine: F is for… Furmint, the wine variety of tomorrow May 5, 2022 What’s this then? Furmit is an Eastern European grape variety, most commonly associated with Hungary but also grown widely in neighbouring Slovenia (where Napoleon’s army gave it the ‘c’est bon’ seal of approval that evolved into the grape’s alternate name, Sipon). If you’ve ever drunk the iconic sweet wines from the Tokaj region of Hungary [...]
The A-Z of wine: This week, B is for… Beaujolais February 10, 2022 How do you pronounce Beaujolais? Boh-zholl-ayy What’s this then? A French wine region, located between the city of Lyon and the southern end of Burgundy. Best known for making reds from the Gamay grape. It’s possibly a part of Burgundy, depending on who you talk to, although it’s usually considered part of ‘wider Burgundy’. The [...]
The A-Z of wine: This week, E is for… England April 12, 2022 We continue to march through the alphabet in search of new wines and old favourites. What’s this then? A green and pleasant land bedeviled by internal strife caused by a single contentious issue – namely, what do you call a soft bread roll? Also home to a burgeoning wine industry fuelled by centuries of wine [...]
Victorian Plumbing shares surge in biggest ever float on London’s junior market June 22, 2021 Online bathroom retailer Victorian Plumbing has seen shares surge higher as it began life as a listed company in the biggest ever float on London’s junior market. The group launched on to the Alternative Investment Market (Aim) with shares priced at 262p, giving it an initial valuation of around £850m, before the stock quickly jumped [...]
Booze brand Pernod Ricard set to toast full-year profit growth April 22, 2021 Pernod Ricard today said it forecast strong profit growth for the full year after cashing in on boosted demand for its drinks in the third quarter. The French booze group, which owns brands including Absolut vodka and Beefeater gin, posted sales of €1.9bn (£1.6bn) in the three months to the end of March, up 19 [...]
Richard Branson sues train partner for £180m in Virgin brand dispute March 8, 2021 Sir Richard Branson is suing a former US partner for $250m (£180m) over its decision to drop the Virgin name from its trains due to a perceived decline in brand value. Virgin and Brightline inked a 20-year licensing deal in 2018 that allowed the American company to rebrand trains on its service as Virgin Trains [...]