Argentinian Malbec is top tipple as Majestic toasts craft beer and fine wine sales November 17, 2014 Majestic chief executive Steve Lewis said yesterday that the group’s push into craft beers and spirits was helping to fend off competition from supermarkets after sales of brands, including top seller Curious Brew, soared in the first half. The wine specialist is stacking its shelves with a new range of 40 artisanal spirits such as [...]
Majestic Wine’s profits to stay flat until 2016 June 16, 2014 British booze retailer Majestic Wine disappointed investors yesterday after it reported flat profits of £23.8m for the year ended 31 March, compared to £23.7m the previous year, amid a market that its chairman said had been challenging for the business. Majestic’s board also warned that the company does not expect to see further substantial profit [...]
Majestic Wine sees profits rise with average bottle selling at £7.94 June 16, 2014 The UK's largest wine specialist Majestic Wine has enjoyed a rise in profit before tax to £23.8m for the year ended 31 March, compared to £23.7m the previous year. Total sales climbed 1.4 per cent to £278m, with market share rising by 0.1 per cent to 4.2 per cent. Sales of Rose from Provence rocketed [...]
Majestic shares dumped after profit warning March 20, 2014 INVESTORS uncorked their shares in Majestic Wine yesterday after the specialist wine retailer warned that a dry spell in February sales had flattened full-year profits. Chief executive Steve Lewis said that trading conditions since the more buoyant Christmas period have been “challenging” and that with just two weeks to go until its year-end, it now [...]