Off-licences and wine
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NewsAnalysis: Is Gormley's strategy Majestic or misguided?
When Rowan Gormley took the reins at Majestic Wine, then-chair Phil Wrigley claimed the new boss had been “handed the keys to the Ferrari”.
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News
Oddbins warns of redundancies as advisers weigh options
Off-licence business Oddbins has warned of job losses after appointing advisers to look at its options following an “extremely tough” Christmas.
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News
Majestic sales up but retail lags behind
Majestic reported a rise in sales over the festive quarter but its retail division failed to fly.
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Opinion
Opinion: Majestic’s share price will regain its fizz
Majestic Wine’s share price has lost some sparkle since the retailer unveiled half-year numbers last Thursday.
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News
Majestic swings to red amid customer acquisition plan
Majestic Wine has swung to a half-year loss as the retailer ramps up investment in acquiring new customers.
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News
FRC launches investigation into Conviviality collapse
Accountancy regulators have launched a probe into the dramatic collapse of booze retailer and wholesaler Conviviality.
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News
Majestic profits up as Naked Wines drives growth
Majestic has reported increased profits and sales at its full-year results with much of its growth coming from its Naked Wines division.
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News
Bargain Booze owner Conviviality enters administration
Conviviality has formally entered administration as the beleaguered business continues to seek buyers for its retail division.
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Analysis
Conviviality: The inside story of its dramatic collapse
As remarkable as it sounds given the benefit of hindsight, at the beginning of the year Conviviality was one of the darlings of the City.
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News
Updated: Conviviality to enter administration
Conviviality intends to appoint administrators within 10 business days after failing to raise the £125m it needed to secure its future.
