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Tuesday 9 February 2016

Naked Wines

Majestic calls in new strategy as profits dip

Majestic Wines has launched a three-year strategy to reach sales of £500 million by 2019, after announcing a 50% drop in pre-tax profits for the first half of this year.

Monday, November 16th, 2015 No Comments »

Majestic Wine scraps six-bottle minimum

Majestic Wine will remove its six-bottle minimum purchase rule from tomorrow as part of a new pricing strategy to simplify shopping in-store and online.

Monday, October 26th, 2015 1 Comment »

Majestic launches own-label wine range

UK wine merchant Majestic has entered the own-label market with the launch of its Definition range, designed to make it easier for customers to identify classic styles.

Friday, September 11th, 2015 No Comments »

Naked launches ‘text for wine’ service

Naked Wines has launched a “text for wine” service for its customers – the “first of its kind” in the trade.

Monday, August 24th, 2015 No Comments »

Akintola admits to Naked love letters stunt

Oddbins’ managing director, Ayo Akintola, has admitted that he was behind a recent attempt to poach Naked Wines’ staff via love letters and bottles of wine.

Wednesday, July 29th, 2015 No Comments »

Gormley invests 96% of Naked sale stake in Majestic

Naked Wines founder and Majestic’s new chief executive Rowan Gormley has taken 96% of his cut from the £70m sale of Naked in the form of shares in Majestic.

Friday, July 24th, 2015 No Comments »

Oddbins woos Naked staff with love letters

Oddbins has allegedly been sending love letters and bottles of wine to key staff at rival merchant Naked Wines in a bid to poach them.

Friday, June 26th, 2015 1 Comment »

Majestic could scrap six-bottle minimum

UK retailer Majestic Wine is considering scrapping the minimum purchase rule in its stores in a bid to improve its performance after revealing plummeting profits.

Tuesday, June 16th, 2015 1 Comment »

Majestic Wine profits fall 22.5%

Majestic Wine has reported a drop in its annual pre-tax profit of 22.5% to £18.4 million in its first annual report since acquiring Naked Wines for £70 million.

Monday, June 15th, 2015 No Comments »

£720m UK online wine market ‘unprofitable’

Just hours after the announcement that Majestic Wines has bought loss-making Naked Wines, an event in London has highlighted the challenges of turning a profit in the UK’s £720m online wine market.

Friday, April 10th, 2015 No Comments »

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