Why there’s more to Sauvignon Blanc than your ‘standard’ Savvy B Life&Style Sauvignon Blanc remains anchored in the UK’s top three white wines and this fantastically flavoursome grape gets to celebrate its success with International Sauvignon Blanc Day on the first Friday in May. It can be enjoyed in many guises, so which one appeals to you? If you like a wine that makes an entrance and [...]
Fortress prepares to offload Majestic Wine Retail The owner of Britain’s biggest specialist wine retailer are drawing up plans to offload the retailer nearly seven years after its operations were bought out of its London-listed company. Fortress Investment Group is in the early stages of preparing to launch a sale of Majestic Wine, which it took control of in 2019, according to [...]
Majestic Wine blames Reeves’ tax hikes as profit slashed Retail Majestic Wine has blamed Rachel Reeves and her tax policies for its profit almost slashing in half during its latest financial year. The Watford-based business said the “economic environment became more challenging” during the 12 months to 31 March, 2025, especially after the general election and the Chancellor’s first Budget. The chain added that these [...]
Blast of the summer wine: English producers benefit from warmer climate August 5, 2024 The renaissance of English wine shows no sign of stopping in 2024 as increasing temperatures create better growing conditions in the south of the country. Turnover at the biggest producers of English wine has risen by 15 per cent in the last year and nearly three-fold in the past five years, according to accountancy group [...]
Majestic Wine and Poundstretcher owner Fortress cuts costs July 10, 2024 The UK arm of Fortress Investment Group, whose portfolio includes the likes of Majestic Wine, Punch Pubs and Poundstretcher, saw its revenue and profit dip during 2023 as its US owner cut costs.
Vagabond Wines: How troubles at Heathrow and Gatwick airports led to collapse before the Majestic rescue May 22, 2024 Vagabond Wines, which has the majority of its sites in London, owed more than £10m as it collapsed into administration ahead of being rescued by Majestic Wine, it has been revealed.
Naked Wines sees revenue slump following tough trading conditions May 21, 2024 Loss making Naked Wines said revenue slide in the year to April, following a tricky period which included the business cutting jobs and hiring advisors
Owner of Majestic Wine and Punch Pubs acquires one of UK’s biggest discount retail chains April 11, 2024 Poundstretcher, one of Britain's biggest discount retail chains, has been sold to the owner of Majestic Wine and Punch Pubs.
Naked Wines shares dive as it ousts boss and warns of falling revenues November 7, 2023 Naked Wines shares plunge after it slashes revenue forecasts and dumps chief executive
Wine sellers bottle it as middle-class customers scale back amid cost of living crisis October 25, 2023 Virgin Wines' chief executive officer, Jay Wright, is "confident" in the group's longer-term prospects — despite a 10 per cent drop in share price.